Get all your news in one place.
100's of premium titles.
One app.
Start reading
Saving Advice
Saving Advice
Lifestyle
Teri Monroe

The New Year Brings Stricter IRS Audits for Self-Employed Retirees

IRS audit self-employed seniors
Image Source: Shutterstock

As the calendar turns to 2025, the IRS is rolling out stricter audit procedures that directly affect self-employed retirees. These changes are part of a broader push to ensure compliance in the gig economy and among individuals who earn income outside traditional employment. For retirees supplementing Social Security with freelance work, consulting, or small businesses, the new rules mean greater scrutiny of tax filings.

While audits are designed to catch errors and fraud, they also create stress and financial risk for older taxpayers. Here are the eight key areas where stricter IRS audits are emerging this year.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.