How to Avoid IRS “Red Flags”
Undergoing the scrutiny of an IRS audit is liable to put any taxpayer on edge. While it may seem like the IRS randomly hands out audit notices like candy to unlucky victims, there are some best practices you can put in place in order to avoid inadvertently putting up any red flags.
There are several myths you may have heard when it comes to triggering an audit. A common myth being that you are more likely to be audited when you efile versus paper file. Or if you file an extension you are less Read more [...]