Tag Archives: Irs Audit Triggers

Are Deductions Just Red Flags for Getting Audited?


First of all, don’t panic.  Your chances of being audited by the IRS are about one in a hundred.  Just over 1%.  Of course the IRS would love to audit everyone but naturally this takes money.  Money they don’t have.  The reason they’d love to audit everyone is so they’d catch the ones who are lying on their tax return.  They’d recover some money they’re Read More →