The Department of Health and Human Services (HHS) is still funding hundreds of potentially discriminatory grants, a civil ...

Retirement expert Denise Appleby shares common pitfalls and real-life examples for IRAs, required minimum distributions, and ...

Shell is to file amended regulatory filings after Big Four firm EY told the oil giant it broke audit rules after its lead ...

A partnership can opt out of the centralized partnership audit regime for various reasons, including size of the partnership and how and to whom it distributes Schedule K-1 partnership forms for tax ...

Economy & Environment Government & Politics Dunleavy administration is blocking billion-dollar audit of oil tax disputes, legislators say The Legislature is close to passing a bill that would mandate ...

You may get away with a late 1099 form here or there, but making a habit of not sending those forms out will practically invite the IRS to your doorstep. "If you already missed the deadline this ...

No audit will be initiated by telephone. Take time to read the letter carefully and understand what the IRS is requesting. The information requested may not be related to your latest tax return.

An IRS employee will go through your returns and request any missing documentation. Taxpayers also have the right to appeal audit findings if they disagree with the IRS's conclusions.

Everyone dreads the idea of a tax audit. And luckily, almost no one gets one. Only 0.2% of taxpayers who made less than $1 million in 2021 were served an audit notice from the Internal Revenue ...

A 1099 form confirms how much you owe in taxes from the pay you received doing freelance, contract or gig work, or for a number of different types of ad hoc payouts. There are several types of ...

As the Trump administration continues slashing the federal workforce, a familiar target of budget cuts is squarely in the crosshairs: the IRS. And mass firings at the tax agency last month may soon ...