8 Red Flags that Could Trigger an IRS Audit
Keeping up with ever-evolving tax laws can be challenging for individuals and small business owners. Because the IRS continuously refines its systems for detecting errors and inconsistencies, it's important to understand potential audit triggers—and how to avoid them. While most taxpayers won't face an audit, certain red flags can increase the likelihood of one. Below are eight areas that may draw the IRS's attention.