The agency has “very sophisticated software” that compares information returns to what’s reported on your filing.

The IRS will begin accepting returns between Jan. 15 and 31. And even though tax changes could be coming as President Donald ...

If the thought of an audit has ever given you chills, knowing the facts about them might help take the edge off.

Stay calm and read your audit letter carefully if you're being audited. Find out what steps you need to take. You have the ...

In Trump’s plan, income earners would also gain the tax-free benefit, a change that could destabilize the Social Security ...

President Donald Trump has issued a “full and unconditional pardon” to Washington, DC, police lieutenant Andrew Zabavsky and ...

IRS Forms 1099 are critical to IRS information return matching so the IRS can match your tax reporting and send tax notices ...

DCIT, the Bombay High Court examined the legality of reopening assessments under Section 148 of the Income Tax Act. Bennett ...

The accountancy sector is witnessing a rise in inland revenue audit activity, as reported by a survey from Chartered ...

Keep in mind that your income tax withholding is no longer based on your marital status and withholding allowances. Instead, it's now based on your expected filing status and standard deduction.