The underfunded Internal Revenue Service has been relying on ancient technology to generate paper audits that target tax benefits, such as the Earned Income Tax Credit, for lower-income households.
If you're like most Americans, one of your worst fears is having your tax return audited by the IRS. In 2014, the IRS audited nearly 1.4 million tax returns, and almost 1.7 million notices were sent ...
HELENA, Mont. — In Helena on Monday, legislators reviewed a concerning audit report showing the Montana Board of Housing is falling short when it comes to the way they award a crucial tax credit. A ...
The agency will overhaul how it scrutinizes returns that claim the earned-income tax credit, which is aimed at alleviating poverty. By Alan Rappeport Reporting from Washington The Internal Revenue ...
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When taxpayers submit their returns this year, they will hope they have faithfully fulfilled their civic duties and can rest on their laurels — at least until next spring. But for millions of ...
The Internal Revenue Service’s preference for handling millionaires and billionaires with kid gloves has been known and documented for years. But there’s another side of the coin: Where does the IRS ...
The Income Tax Return (ITR) filing deadline for AY 2025-26 has ended for non-audit taxpayers on September 16, 2025. If you ...
With the tax audit deadline around the corner, businesses and professionals must ensure their reports for the financial year 2024-25 (Assessment Year 2025-26) are submitted on time. Taxpayers required ...