Top-10 IRS Audit Triggers - Small Business

Top-10 IRS Audit Triggers. The chances of the IRS auditing your taxes are somewhat low. About 1 percent of taxpayers are audited, according to data furnished by the IRS. Read More

Tax Audit Triggers And Tips On How To Avoid Them - Forbes

Based on my experience as a tax professional, here are the top audit triggers I see and how you can avoid them. Unreported Income The No. 1 thing I’ve seen cause audits is unreported income. Read More

These 4 Tax Mistakes Could Trigger an IRS Audit This Season - Business ...

Below, Weisberg shared the top 4 mistakes that could trigger an IRS audit and how to avoid them. Missing income One of the most common reasons for an IRS audit is also one of the most ... Read More

Avoid These Tax Return Errors That Trigger An IRS Audit

Special Situations: Also, certain situations, such as not reporting some gains on the sale of a home when business-use-of-home deductions were claimed on past returns will trigger an IRS flag. Read More

Are There Strategies to Avoid an IRS Audit? - JDSupra

Proven Strategies to Avoid an IRS Audit: Avoid Known Audit Triggers (Red Flags) Proven strategies to avoid an IRS audit begin with an informed understanding of the types of targets the IRS has ... Read More

8 tips for avoiding an IRS audit - The Denver Post

Every year the IRS sends notices to thousands of taxpayers informing them they have been selected for an audit. Follow these eight tips to lessen the chance you'll be flagged for an audit. Read More

Three Ways Business Owners Can Reduce The Risk Of An IRS Audit - Forbes

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Listen, you’re not alone. The fear of an IRS audit is such a common fear among ... Read More

Fear an IRS Audit? Then You Don't Want to Make These 6 Tax Mistakes - MSN

With this in mind, here are some common tax mistakes that generate more scrutiny from the IRS and what you can do to avoid them. For more tax tips , explore how to file taxes free and the tax ... Read More