For a small business owner in Southern Maryland, few things are as daunting as receiving an official notice from the Comptroller of Maryland. The stress and uncertainty of a state tax audit can be ...

A tax audit is an examination of an individual or business tax return by the IRS to ensure the taxpayer has accurately reported income and paid the correct amount of taxes. Tax audits can be triggered ...

While IRS tax audits are rare, some filers worry their returns could be picked for examination. You can avoid future issues by keeping receipts and other records to support your claims, experts say.

Each year on April 15, the Internal Revenue Service expects Americans to file their annual tax returns, and in doing so, Americans expect U.S. tax policy to be administered fairly across demographic ...

You finally finished your tax return and just when it's finally off your mind, you get a letter from the Internal Revenue Service letting you know you're being audited. Not all audits result in you ...

The June 20, 2024 report by the Treasury Inspector General for Tax Administration came as a shock to many. The TIGTA report explained that to meet an audit quota set in 2020, the IRS started examining ...