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Thursday, April 2, 2015

6 Red Flags That Can Get You Audited (@gerridetweiler @MONEY @CreditExperts)

Worried about being audited? If one of these six red flags apply to you, your concern may be valid. Luckily, there are thing to be done to protect yourself:

Full article at MONEY Magazine

" If you’re really unlucky, you may find out the IRS is auditing your return. Fortunately, about 80% of audits are simply “correspondence audits,” meaning the IRS is “asking for documentation or showing an adjustment made based on information received,” says Lisa Greene-Lewis, CPA and TurboTax tax expert.
But no matter how innocuous, the only time most people want to get mail from the IRS is when they are waiting for a refund check. Here are six red flags that can trigger questions from the IRS, or even a full-blown tax audit."

Image result for tax audit

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