Tax season is right around the corner now, and with it you might have started worrying about your finances getting audited, but how much do you actually have to be afraid of? Audits are among the ...

A stock photo of a Red Audit stamp on a 1040 US individual income tax return. Photographed at 50mp with the Canon EOS 5DSR and the 100mm 2.8 L lens. If you face a tax audit and can legitimately point ...

Katharine Paljug is a financial writer and editor with over a decade of industry experience. Her writing has covered nearly every aspect of the financial world, from investing in forex to paying for ...

A stock photo of a Red Audit stamp on a 1040 US individual income tax return. Photographed at 50mp with the Canon EOS 5DSR and the 100mm 2.8 L lens. The IRS wants you to “disclose” if you do not have ...

As millions of taxpayers file returns, many worry that certain claims could boost their chances of being picked for an IRS audit. Stream NBC 5 for free, 24/7, wherever you are. Regardless of your ...

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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 ...

Taxpayers are typically worried they'll get audited for making mistakes on their returns, but audits are historically rare. The Trump administration reduced the number of IRS employees, so there is a ...

n a sales and use tax audit, a state revenue auditor reviews a business to determine if state sales and/or use taxes were properly collected and paid. A sales and use tax “reverse audit,” which is ...

The Internal Revenue Service doesn't collect data on taxpayers' race or ethnicity, but some of its methods could lead to disparities in its audit rate, according to a new report. The GAO report ...