Category: Avoiding Audits

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Celebrity Tax Evaders In The News

January 22, 2014 by in category Avoiding Audits, Taxes tagged as , ,

There are three things that tend to get people down this time of year. One is the fact that the holidays are done, all the pretty decorations are gone, the hustle and bustle over, it’s a huge mental and physical crash, if also something of a relief. The second is that seasonal affective disorder (SAD) […]

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Avoid Tax Audits

December 24, 2013 by in category Avoiding Audits, irs tagged as , ,

Tax Audit triggers With financial success comes respect, envy, luxury living and an increase in the odds that the United States Internal Revenue Service (IRS) will audit your return. Of all the things that can trigger a tax audit, making more than $200,000 per year is the most common. Of all tax returns filed in […]

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What Happens During a Tax Audit?

November 29, 2013 by in category Avoiding Audits tagged as , , , ,

Receiving notice that the IRS will be auditing your taxes is a nightmare scenario for almost any adult, but it doesn’t need to be. Getting audited doesn’t necessarily mean the IRS thinks you’ve done something wrong. Tax returns are selected for audit by several methods, including random statistics, document matching or having business ties with […]

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Common Tax Return Mistakes

November 27, 2013 by in category Avoiding Audits, Taxes tagged as , , , , , , , ,

8 Common Tax Return Mistakes and How to Avoid Them The tax code is complicated and there’s a lot of ways to make mistakes when filling out your tax returns. While you may be tempted to decide tax mistakes are unavoidable and it’s too difficult to make sure your return is perfect, preventing the most […]

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