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What Your CPA Wants You to Know - 61. The Secrets to Avoiding an IRS Audit on Your Tax Return

61. The Secrets to Avoiding an IRS Audit on Your Tax Return

What Your CPA Wants You to Know

02/21/24 • 20 min

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Ever wonder why some tax returns get the dreaded IRS audit while others glide by?
Join us as we share the red flags that you do NOT want to file on your tax return! We've seen several audits happen because of these things and we want to share them with you.
We explain the chances of your tax return getting audited and what happens if you DO get audited. If you have a business on your tax return, we share many things we've seen lead to an audit!
Make sure to check out this very crucial episode!

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02/21/24 • 20 min

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What Your CPA Wants You to Know - 61. The Secrets to Avoiding an IRS Audit on Your Tax Return

Transcript

Speaker 1

Yeah , it's going to make it look like you made up the numbers , or more specifically , round numbers on mileage , I had an iris agent tell me specifically that you would not believe how many people had exactly $5,650 in auto expense . Well , that year the mileage rate was 56 and a half cents per mile , which means that there were millions of people that just put 10,000 miles fl

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