#tax audit

Top 4 Red Flags That Trigger an IRS Audit

Certainred flags in a tax return are sure to draw scrutiny by the IRS. Some are easy to sidestep. Others, can’t be helped. These include:

1. Not reporting all of your income 
   
2. Breaking the rules on foreign accounts
   
3. Blurring the lines on business expenses
   
4. Earning more than $200,000
   

To find out more, read the full TurboTax article.