As the IRS targets wealthy Americans for audits, here are red flags for everyday filers
The IRS is working on plans to avoid increased audits on taxpayers making less than $400,000 — but certain areas can invite scrutiny, regardless of income. Some red flags could include unreported income, including cryptocurrency earnings and unreasonable tax breaks. For all returns filed between 2013 and 2021, the IRS examined 0.44% of individual returns […]
As the IRS targets wealthy Americans for audits, here are red flags for everyday filers Read More »