IRS scrutinizing your tax return can be very annoying, anxiety prone and a matter of tension for tax payer costing money and time . You can read what does being audited by the IRS mean? It is seen that the first clue or doubt that is responsible for selection of your tax return for Audit by IRS, actually emanates from your tax return data. So, as the tax season has started and you may be preparing for filing tax return , it is important that you do not commit certain errors that , unnecessarily , puts your tax return in doubtful category by the computerized system that selects a very small percentage of tax return for IRS audit or scrutiny . Here are most common reasons for IRS audit triggers
How Far Back Can IRS Audit?
One of the most common queries of taxpayers is: How long before I can be sure I am safe from the IRS ? Basically, he is asking ” How long before he can consider himself safe from the IRS”? The answer to such a question can not ever be absolute, because the way Internal Revenue …