"RED FLAGS" TO THE I.R.S.' AGENTS AND EXAMINER
Most Tax returns are ignored by the I.R.S. primarily because I.R.S. is short on personnel and funding. Nonetheless, according to a report from
Kiplinger, the chances of being audited by the I.R.S. increase substantially, if you have foreign assets, the types of deductions or losses that are claimed, as well as income levels.
Read on to learn about some of the more important considerations of an I.R.S. audit.