How to Prevent an Unfavorable Tax Audit

Published in CREW Las Vegas Newsletter Q1

by Kim Walker

Without extenuating circumstances, your chance of being audited by the IRS is less than 2%. However, if you are audited, you will went to have all of your supporting paperwork in order to prevent an additional tax assessment.

The areas of risk are not going to be items like a W2, a 1099, a 1098, a K-1, or a Social Security statement, provided you reported the amounts from these documents accurately. Your potential downfall will almost always be in the expenses you claimed on your return.  READ MORE…

Contact us if you need help with a tax audit.

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