Your chances of getting audited are slim, but the investigations do happen. According to Jeremy Kisner, president of Surevest Wealth Management, there is an overall 1% chance of getting audited.

Here's the reality of IRS tax audits, so you'll know the chances of an audit and what to do if it happens to you. Audit is one of the most dreaded words in the English language for many Americans.

If you're being audited, there's no need to panic. Here's your game plan. The tax deadline for 2015 returns is in the past, which means that audit notices will start to go out. And while you're not ...

The Internal Revenue Service will conduct an audit, which is a review of tax information, to ensure that everything is being reported properly on federal income taxes. Both individuals and businesses ...

Katharine Paljug is a financial writer and editor with over a decade of industry experience. Her writing has covered nearly every aspect of the financial world, from investing in forex to paying for ...

There are few things taxpayers fear more than an audit letter from the Internal Revenue Service. Despite the worry an audit can cause, the number of audits has actually been on the decline. In fact, ...

A tax audit is an examination of an individual or business tax return by the IRS to ensure the taxpayer has accurately reported income and paid the correct amount of taxes. Tax audits can be triggered ...

You filed your taxes, stuffed your paperwork into a desk drawer, and got ready to move on with your life. But then the unthinkable happens: You receive an IRS audit letter in the mail, and you're not ...