By greenberg law group, p.a.

Can I Get Audited?

So, Can I Get Audited?

Let’s explore this topic further to gain a better understanding.

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Facing an IRS audit can be a nerve-wracking experience, stirring up feelings of fear and anxiety.

So, to address the central question, “Can I get Audited?” the answer is yes, but typically only if certain triggers prompt the IRS to investigate your tax return. 

What Triggers an Audit?

Specific factors catch the IRS’s attention. These factors can include having a high income, engaging in risky financial activities, claiming unusual deductions, failing to file taxes, or discrepancies in the information provided on your tax returns.

Types of Audits

1. Correspondence Audit: This is the most basic type of audit, conducted entirely by mail.

2. Office Audit: In an office audit, you meet with an IRS officer in person at a local IRS office.

3. Field Audit: These involve detailed examinations. This type of audit typically occurs for individuals with high-income levels and complex tax issues.

How to Reduce Your Risk of an Audit

1. Accurate and Complete Tax Returns

2. Be Cautious with Deductions  and Credits

3. Keep Good Records

What to Do If You Get Audited

First of all, don't panic. Next, gather all documentation requested by the IRS and respond promptly. Failure to meet deadlines can lead to further complications. Finally, consider professional help to ensure accuracy.

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