Tax Audit Red Flags

Tax Audit Red Flags


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Tax Audit Red Flags
Old 12-08-2015, 07:23 PM
Certified Financial Group Certified Financial Group is offline
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Join Date: Jan 2014
Posts: 199
Default Tax Audit Red Flags

Ever wonder why some tax returns are eyeballed by the Internal Revenue Service while most are ignored? Short on personnel and funding, the IRS audited only 0.86% of all individual returns in 2014. And the audit rate in 2015 has fallen to 0.84%. So the odds are pretty low that you will be singled out for review. And, of course, the only reason filers should worry about an audit is if they are fudging on their taxes.

Read the rest of the story.

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