Skip These 3 Tax Tricks to Dodge IRS Audit
Source: marketwatch.com
- Don't claim 100% business deductions for personal items like your home office if you don't qualify fully.
- Avoid rounding up every expense number, such as changing $99 to $100, as it looks suspicious.
- Steer clear of listing zero adjustments on Schedule C if your business shows a loss every year.
Tax experts warn that certain common mistakes on your return can flag it for an IRS audit. Avoiding these pitfalls helps you file accurately without drawing unwanted attention. With audit rates low but rising for some filers, knowing what to skip keeps your return safe.