What can cause an IRS audit of your taxes? Ask the lawyer

As tax season approaches, many Americans are wondering if they could be subject to an IRS audit of their taxes. According to a recent article titled “What can cause an IRS audit of your taxes? Ask the lawyer,” there are several factors that can trigger an audit. The article opens by acknowledging that the fear of an audit can cause a lot of stress and anxiety, but it’s important to understand what can actually raise a red flag with the IRS.

The article identifies three common triggers that can cause the IRS to take a closer look at your tax return: 1) a high income, 2) claiming too many deductions or exemptions, and 3) self-employment income. The author provides detailed explanations for each trigger and offers tips for how to avoid being audited.

One aspect that stood out to me was the explanation of self-employment income. The article explains that self-employed individuals are more likely to be audited because they have more opportunities to claim deductions and exemptions that could be considered suspicious by the IRS. As someone who has worked as a freelancer in the past, I can attest that navigating taxes can be a minefield. It’s helpful to know what potential red flags exist so that you can be proactive in protecting yourself.

In conclusion, the article offers useful insights for anyone who is concerned about being audited by the IRS. While an audit can be a nerve-wracking experience, understanding what can trigger one can help you avoid problems down the line. By making informed choices about your taxes and staying organized, you can minimize your chances of being audited and keep your stress levels in check.