If you owe tax to the Internal Revenue Service (IRS) and do not plan to pay right away, the amount you owe could quickly increase with added interest and penalties.

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The Internal Revenue Service (IRS) is empowered to collect duly owed taxes from U.S. persons. As most know, the IRS readily applies penalties on taxes that are not paid properly. Taking a deeper look into IRS penalties may help you avoid them in the...

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Tax debt that is ignored does not go away. Knowing what to do when the Internal Revenue Service (IRS) reaches out about your personal or professional tax liability is important.

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A budget-boosted compliance effort by the Internal Revenue Service (IRS) is paying off. The agency announced in July that it has collected more than $1 billion in overdue taxes from high-wealth taxpayers.

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As a taxpayer, receiving a letter from the Internal Revenue Service (IRS) announcing an audit is an unpleasant surprise. As you worry about the audit, it can be worthwhile to understand a resource that examiners use to look at your business—an Audit...

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If you know your tax returns or FBAR report do not quite add up, it is helpful to understand how the Internal Revenue Service (IRS) may look at potential action against you.

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The downward spiral of a business owner or company can be triggered by a simple letter from the Internal Revenue Service (IRS) announcing a civil tax audit.

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When audited by the Internal Revenue Service (IRS), it is important to understand the focus of an audit and whether there is concern for a civil mistake or criminal wrongdoing.

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Receiving notice of a tax audit from the Internal Revenue Service (IRS) is not unusual but usually triggers concern. Understanding what you might need for an audit can quell some of the anxiety when you get an IRS audit letter in the mail.

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A new round of audits by the Internal Revenue Service (IRS) is aimed at corporate travel.

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