Tax Time Tips To Avoid Getting Audited
Tax Time Tips To Avoid Getting Audited Nobody wants to hear from the Internal Revenue Service that your income tax return is being audited! Kiplinger’s Personal Finance magazine has put together a list of things that could get you flagged by the IRS this tax season & how to avoid it. 1. Giving a Lot of Money to Charity The IRS knows what others who make a similar income to you tend to give, and they will question you if you’re claiming too much. Have accurate and complete documentation to prove you’ve made the donation and to prove the value of the donation.
Source: 965therock.com