The Internal Revenue Service said it plans to sharply increase audit rates for big corporations, partnerships and multimillionaires over the next three years after a massive boost in funding by the ...

The Internal Revenue Service detailed its plans Thursday to significantly ramp up audit rates of wealthy taxpayers and large corporations, using funds provided by the Democrat-backed Inflation ...

In 2022, the Inflation Reduction Act allocated $80 billion in funding for the Internal Revenue Service and touched off a firestorm of controversy. Internet rumors swirled, with some saying the money ...

The IRS is going after rich tax cheats. What does that mean for the rest of us? The Internal Revenue Service recently announced a campaign to dramatically increase audits of high-income Americans and ...

IRS Audits help the agency collect money that tax cheats owe the federal government, but experts say they also serve another important purpose: They help deter fraud. That can cause some serious agita ...

Millions of Americans have filed their income tax returns already, and tens of millions more will be doing so in the coming weeks. With the heavy lifting done, people can turn their attention to other ...

Filing season can be a stressful time for many Americans. The challenge of having to navigate countless forms and compiling all of the correct information can turn tax season into an overwhelming ...

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First, there were trackers on Taylor Swift and other celebrities' private jet usage. Now, the IRS is scrutinizing businesses' use of private aircraft, with the tax agency announcing that it will ramp ...