As of May 2025, the IRS had lost more than 25% of its mission-critical enforcement staff, including auditors who handle ...
The front doors of the Internal Revenue Service building are seen in Washington, D.C., on May 18, 2025. (Photo by Wesley Lapointe/For The Washington Post via Getty Images) A group of House lawmakers ...
In this episode of Tax Notes Talk, Carolyn Schenck, former IRS national fraud counsel, shares insights from decades at the ...
Mistakes happen, including when it comes to reporting and paying taxes. And for taxpayers and their advisors, those mistakes can lead to costly consequences, as the Internal Revenue Code (“Code”) ...
TurboTenant reports that the IRS will know about your rental income, and failing to report it can lead to serious penalties ...