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 ...

President Trump's IRS hiring freeze protects small businesses from audit expansion as calls grow for tax system reform to ...

The IRS pays close attention to certain business credits. Without proper documentation, taking this one could put you at greater audit risk.

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, ...

The Internal Revenue Service has launched a new initiative using artificial intelligence to detect and penalize tax evasion amongst 75 hedge funds, private equity groups, real estate investors, and ...

When taxpayers submit their returns this year, they will hope they have faithfully fulfilled their civic duties and can rest on their laurels — at least until next spring. But for millions of ...

The IRS plans to end a major tax loophole for wealthy taxpayers that could raise more than $50 billion in revenue over the next decade, the U.S. Treasury Department says. The guidance and ruling being ...

Defense Secretary Pete Hegseth on Monday alleged that the Biden administration “rushed” an IRS audit of him after he was nominated, suggesting that the former administration ordered a politically ...