You may reduce your chances of being audited by preparing your tax return accurately. It is very important not to submit a careless tax return.
When claiming your deductions and tax credits:
- Use the correct numbers. Avoid rounding numbers.
- Check your math computations. Some reasons for audits are based on math errors.
- You may attach explanations for deductions and tax credits that the IRS may consider questionable.
AVOID A TAX AUDIT! TIPS FOR PREVENTING TRIGGERS, RED FLAGS WHEN IRS IS SELECTING A TAX RETURN FOR AUDIT!
Report all your income. If you plan to save money on income taxes, it is better to have a tax preparer help you get all the deductions you are entitled to. The IRS allows many deductions that taxpayers are not even aware of it. See IRS Audit Advice.I AM BEING AUDITED! ESCAPE A TAX AUDIT! HOW TO AVOID A FACE-TO-FACE TAX AUDIT?
First, the IRS will ask you questions via mail correspondence. If the IRS is not satisfied with the documents and the information you provide, they will consider a face to face meeting, in order to determine the results for your audit report. Hire a tax professional to represent you before the IRS. In many cases, you don’t even have to be present. Your tax representative can speak for you. See more on IRS Audit Advice.AVOIDING A TAX AUDIT! WHICH DEDUCTIONS ARE TRIGGERS FOR A TAX AUDIT? WHICH ARE THE RED FLAGS FOR AN IRS EXAMINATION?
Be careful in reporting home office business deductions. If you are thinking of putting your money in banks overseas, in tax haven countries, where your income is “away” from the IRS, think again! Currently, the IRS is targeting offshore bank users, when selecting tax returns for audit. See more on IRS Audit Advice.HOW TO AVOID BEING AUDITED? I HAVE HUGE MEDICAL EXPENSES ON MY TAX RETURN! I AM SCARED THE IRS WILL AUDIT MY TAX RETURN!
Just attach a copy of your medical bill to your tax return. See more on IRS Audit Advice.
