A proposed $83 billion investment in IRS enforcement could reshape the landscape for millions of Americans who owe back ...

High-income individuals who earn more than $1 million a year are the most likely to get audited by the IRS. The IRS also pays ...

As of Dec. 18, the IRS was about 27% smaller compared to the start of 2025, with the workforce falling from more than 102,000 in January 2025 to about 74,000 in December. Despite staffing cuts, the ...

Audit rates dropped sharply -- down 46% -- between 2010 and 2018. The audit rate for individual tax returns went from 1.1% to just 0.6%, based on a Congressional Budget Office report. By 2022, the IRS ...

With the IRS expected to lose about a third of its staff after firings and buyouts, wealthy taxpayers and attorneys are struggling to navigate the new regime. The upside for high earners is clear: ...

Just looking at the raw numbers, less than 1% of filers have been audited by the IRS in recent tax years. Based on the latest ...

See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. For many taxpayers, the possibility of an IRS audit can be intimidating ...

Getting an audit letter from the Internal Revenue Service (IRS) can cause concern for even the most organized taxpayer. If you've received one of these letters after filing your taxes, you might ...

Most tax audits don't start because someone tried to cheat the system. Take it from me, I was audited three times by the IRS in my 20s. A good-faith error one year ...

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A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight ...