Monday, April 11, 2011
IRS Audit Red Flags: 12 hot spots to raise scrutiny from the IRS
My advice is to take your time and gather ALL your information together before you get ready to prepare your taxes, whether you do it yourself or have a professional do it for you. THEN, since you have done such a great job of gathering, do a great job of storing your information, just in case you get a mail audit (more common every year) or a full blown audit (there's where a professionally prepared tax return pays dividends!).
Here is a list of 12 IRS Audit Red Flags to help keep you out of hot water: The IRS Dirty Dozen
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