As millions of taxpayers file returns, many worry that certain claims could boost their chances of being picked for an IRS audit. Stream NBC 5 for free, 24/7, wherever you are. Regardless of your ...

As millions of taxpayers file returns, many worry that certain claims could boost their chances of being picked for an IRS audit. Still, some areas can be "low-hanging fruit for the IRS," said Mark ...

While the chances of an IRS audit have been slim, the agency may scrutinize your return for several reasons. Some red flags for an audit are round numbers, missing income, excessive deductions or ...

Each year on April 15, the Internal Revenue Service expects Americans to file their annual tax returns, and in doing so, Americans expect U.S. tax policy to be administered fairly across demographic ...

With massive IRS staff cuts, can rich households expect the agency to ease up on audits? Audits are the Internal Revenue Service's tool for spotting red flags in people's tax returns. But with massive ...

It's tax filing time, and for many Americans, that means extra financial stress. Some may be unable to pay their tax bills or could find themselves adding onto already existing tax debt — putting them ...

The Internal Revenue Service switched over from focusing its audits on taxpayers earning $10 million or more to those earning $400,000 or more after passage of the Inflation Reduction Act, according ...

The IRS has announced the federal income tax brackets for 2026, incorporating inflation adjustments that shift thresholds for all seven brackets while maintaining the current rate structure of 10%, 12 ...

After the Trump administration and Elon Musk’s Department of Government Efficiency (DOGE) gutted the Internal Revenue Service (IRS) by firing an estimated 7,000 workers, the agency responsible for ...

Taxpayers in 25 states will need to find a new way to file their taxes in 2026 as the IRS has shut down the free Direct File ...

This easy tax filing system, which was previously provided through the IRS, will no longer be available to filers in 2026 ...