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Tag: Government taxation and revenue

Finance

Here’s why IRS tax audits have declined over the past decade

Tax season is upon us, and along with it comes the ensuing bout of paranoia about the dreaded IRS audit.But, statistically speaking, getting audited...

Finance

The IRS has issued nearly 54 million tax refunds. Here’s the average payment

Bill Oxford | E+ | Getty ImagesWith the tax deadline approaching, the IRS has issued roughly 54 million refunds worth about $158 billion as...

Finance

This individual retirement account option ‘surprises people the most,’ says advisor

Damircudic | Getty ImagesOne of the ground rules for individual retirement account contributions is you must have "earned income," such as wages or salary...

Finance

Here’s how to report 2022 crypto losses on your tax return

Luc MacGregor | Bloomberg | Getty ImagesThe latest crypto rally may be good news for digital currency investors. But if you're still recovering from...

Finance

IRS about 3 to 5 times more likely to audit Black Americans’ tax returns, study finds

Jeffrey Coolidge | Photodisc | Getty ImagesBlack Americans are roughly three to five times more likely to face an IRS audit than other taxpayers,...

Finance

How to figure out the best time to file your tax return: Don’t ‘race to the finish line,’ say tax pros

As tax season begins, you may be eager to file your tax return for a faster refund and to check the annual task off...

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Tag: Government taxation and revenue

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