An audit is less dramatic than it appears in the movies – here's what to expect and how to help it go smoothly.

Forbes contributors publish independent expert analyses and insights. Bruce makes the law and tax code understandable to everyone. This is the second part of my two-part Q&A with a tax-law expert, ...

Forbes contributors publish independent expert analyses and insights. Bruce makes the law and tax code understandable to everyone. With the filing deadline for tax returns less than a month way, taxes ...

See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. The Internal Revenue Service (IRS) announced new guidance on Friday ...

AI audits expand: The IRS is deploying AI to target potential tax evasion, aiming to boost compliance despite reduced audit staff. Penalty refunds possible: A court ruling may entitle millions to ...

The Form 5500 is the information return that must be filed by most employee benefit plans subject to ERISA (unless an exception applies), and failure to file this annual return for a plan can result ...