The IRS audits very few returns, but mismatched income, overstated deductions, and easy-to-spot errors can still trigger IRS notices, reviews, and costly follow-ups.
FinanceBuzz on MSN
10 tax mistakes that could trigger an IRS audit (from someone audited)
Even simple mistakes can raise red flags with the IRS. Here's what deserves special attention so you can avoid triggering an ...
Retirees who think they can escape the IRS audit machine should think again.
With the end of tax season, the fear of a tax audit can grow. Whatever the outcome, avoiding an IRS audit is crucial. But understanding your triggers can help you steer clear of unwanted scrutiny.
GOBankingRates on MSN
Best time to file taxes to avoid audits: What triggers one and what to do
Wondering the best time to file taxes to avoid audits? While there's no guarantee, these tips can help you minimize discrepancies and reduce your chances.
These red flags could increase your chances of the IRS selecting your return for audit.
Being in business for yourself can be exciting, lucrative, and a great way to draw the attention of the IRS's audit division. The IRS has audited significantly less than 1% of all individual returns ...
Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Concept image for filing federal income taxes online and being ...
Hosted on MSN
Avoid IRS audits if you do not make specific errors
Each year, millions of taxpayers in the United States find themselves under the watchful eye of the Internal Revenue Service (IRS). A seemingly minor error on your ...
Sen. Joni Ernst (R-IA) is pushing for a regular audit of the Internal Revenue Service after a new inspector general report found that nearly 6,000 employees owe nearly $50 million in back taxes. The ...
The Internal Revenue Service doesn't collect data on taxpayers' race or ethnicity, but some of its methods could lead to disparities in its audit rate, according to a new report. The GAO report ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results