Even simple mistakes can raise red flags with the IRS. Here's what deserves special attention so you can avoid triggering an ...

Forbes contributors publish independent expert analyses and insights. Bruce makes the law and tax code understandable to everyone. This is the second part of my two-part Q&A with a tax-law expert, ...

・Keeper helps freelancers and independent contractors with tax-related write-offs. ・Automatically scans your bank and credit card statements for tax-deductible expenses. ・An annual subscription costs ...

Forbes contributors publish independent expert analyses and insights. Bruce makes the law and tax code understandable to everyone. With the filing deadline for tax returns less than a month way, taxes ...

President Trump is reversing the Biden plan to increase tax revenue through more enforcement. By Ben Blatt The Internal Revenue Service’s audit rate has been lower this decade than in most taxpayers’ ...

A recent report from the Treasury Inspector General for Tax Administration (TIGTA) found that the Internal Revenue Service increased audits of high-income taxpayers during fiscal year 2024, in line ...

At the same time, the audit rate for those making under $500,000 declined slightly in 2024, fulfilling a promise by the Biden administration. By Ben Blatt It was a promise repeated many times by ...