AOL

The IRS audited more than 500K returns, and yours could be next

The IRS processed roughly 266 million tax returns during fiscal year 2024, and not every one of those returns passed through the system cleanly. More than half a million were pulled aside for a ...
NBC Chicago

What To Do If You Are Audited by the IRS

You've received a letter from the IRS regarding an audit. Stay calm and assess the situation. The letter you receive may be one of three types: Adjustment Letter – This notifies you of a change in ...
CONTRACTOR

Managing an IRS Audit: What Contractors Need to Know

Contractors in construction are among the most frequently audited industries by the IRS. Proper documentation and organized records are essential to reducing audit stress and time. Hiring an ...
AOL

With all the changes at the IRS, how likely are you to be audited? It’s unclear

No one wants to be audited by the IRS. And, in fact, very few US taxpayers have been in recent years. Less than 1% of all returns filed between 2013 and 2021 had been audited as of the end of ...
The New Republic on MSN

Senate Republicans kill Democrats’ attempt to ban Trump’s slush fund

Senate Republicans killed a Democratic attempt to end President Trump’s “Anti-Weaponization Fund” Thursday. The Senate voted 50-49 against sending the spending bill back to the Judiciary Committee in ...