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audit red flag

One Strategy You Must Do to Avoid an IRS Audit

Diane Kennedy's picture

One Flag You Don't WANT to WaveOne Flag You Don’t WANT to WavePeople like to speculate about IRS “red flags.” These are the things that are certain to cost you an IRS audit, or else definitely put you in their sights.

And, considering that the IRS increased the number of audits on personal returns by 65% last year, you probably want to pay attention to this next part. If you have a business there is one GIANT red flag you might have that you’ll want to get rid of.

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