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23 IRS Audit Red Flags

January 31, 2022

From the Kiplinger website

As you’re getting ready to file your tax return, you may be wondering about the chances that the IRS will audit your return. Most people can breathe easily because the vast majority of individual returns escape the audit machine. In recent years, the IRS has been auditing significantly less than 1% of all individual tax returns – and the trend has been towards fewer audits from one year to the next. Plus, most audits are handled solely by mail, meaning taxpayers selected for an audit typically never actually met with an IRS agent in person.

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