Secretary of Defense Pete Hegseth on Monday revealed that he and his wife are getting audited by the IRS for $33,558 in what ...
Danni Santana spent nine years as an editor and business journalist covering industries including sports, retail, restaurants, and personal finance. He is a graduate of the Craig Newmark Graduate ...
Sen. Joni Ernst (R-IA) is pushing for a regular audit of the Internal Revenue Service after a new inspector general report found that nearly 6,000 employees owe nearly $50 million in back taxes. The ...
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 ...
The just-completed tax season is plunking another 160 million tax returns on the IRS’s front doorstep. And if you reported more than $400,000 in income, the likelihood you’re going to be audited will ...
A view of the IRS headquarters. (Photo by Karen Bleier/AFP via Getty Images) The IRS’s primary tool for flagging tax returns for audit is a “first-wave” AI system that includes inputs from humans, ...
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