Odds Of Being Audited By IRS Lowest In 15 Years, Report SaysAudits have fallen for the sixth straight year with only 0.62 percent of taxpayers being examined by the IRS in 2017.
What Triggers an IRS Tax Audit?The odds of an audit can increase substantially depending on your income, types of income, deduction amount and changes you have made since filing your last tax return.
Red Flags That Can Trigger An IRS AuditMost audits are simple paper audits where they send you a letter asking for supporting documentation.
T’is The Season: IRS Audit Red FlagsThe IRS does not like tax fraud.