--------If you really like the info go to my page and like it.---------- 14 IRS Audit Red Flags Short on personnel and funding, the IRS audits less than 1% of all individual tax returns annually. We expect the audit rate to fall even lower as resources continue to shrink and even more employees are reassigned to identity theft cases. So the odds are pretty low that your return will be picked for review. And, of course, the only reason filers should worry about an audit is if they are fudging on their taxes. That said, your chances of being audited or otherwise hearing from the IRS increase with key factors, including your income level, the types of deductions or losses you claim, how you make your money and whether you own foreign assets. Math errors may draw IRS inquiry, but they will rarely lead to a full-blown exam. Although theres no sure way to avoid an IRS audit, these 14 red flags could increase your chances of unwanted attention from the IRS. __________TO BE CONTINUED WITH 14 red flags____________ Looking for a tax place to do your income tax this year? Look no more come to JDP Accounting and tax Services located at 531 Albany ave Brooklyn, NY 11203. Customers satisfaction is our first priority; our office # is (718) 450-8550 or call me directly on my cell at (570) 982-9621. I am looking forward to hear from you to make your tax experience this year an enjoyable one.
Posted on: Thu, 13 Mar 2014 14:45:49 +0000
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