According to the IRS, most business entities that file Forms 1065, 1120, 1120S, 1041, 990-T, and certain other information returns can use this extension request.

The IRS streamlines business tax audits with new rules that phase out slow processes and expand settlement options, starting ...

Tax returns filed electronically will face rejection (IRS business rule F8962 070) if the IRS records indicate a requirement to reconcile APTC on Form 8962, but the form is missing.

The IRS is pushing back filing and payment deadlines for individuals and businesses in the state affected by severe storms, ...

Beyond tax returns, the IRS also monitors bank accounts for large cash deposits. While deposits exceeding USD 10,000 are not illegal, they are scrutinized to prevent financial fraud and tax evasion.