8 Red Flags That Could Increase Your Risk of an IRS Audit
Facing an IRS audit can be daunting, but understanding the triggers can help you avoid scrutiny. This article outlines eight common red flags that may increase your chances of an IRS audit, including unreported income, excessive deductions, and cryptocurrency transactions. By maintaining accurate records, reporting all income, and adhering to IRS guidelines, taxpayers can minimize their audit risk and file with confidence.
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