{"id":1427,"date":"2016-01-18T16:38:45","date_gmt":"2016-01-19T00:38:45","guid":{"rendered":"http:\/\/blog.huddlestontaxcpas.com\/?p=1427"},"modified":"2016-01-18T16:38:45","modified_gmt":"2016-01-19T00:38:45","slug":"how-to-avoid-a-tax-audit","status":"publish","type":"post","link":"https:\/\/huddlestontaxcpas.com\/blog\/how-to-avoid-a-tax-audit\/","title":{"rendered":"How to Avoid a Tax Audit"},"content":{"rendered":"<p>The tax audit is the biggest fear of every taxpayer in these United States. However, the good news is the IRS audits less than 1% of tax returns every year. In 2015, the number fell to the lowest in a decade. Nevertheless, the possibility is still there. We are going to show you how you can go about avoiding a tax audit.<a href=\"http:\/\/blog.huddlestontaxcpas.com\/wp-content\/uploads\/2016\/01\/TaxDictionaryDefinition.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-1428 alignright\" src=\"http:\/\/blog.huddlestontaxcpas.com\/wp-content\/uploads\/2016\/01\/TaxDictionaryDefinition-300x200.jpg\" alt=\"TaxDictionaryDefinition\" width=\"300\" height=\"200\" \/><\/a><\/p>\n<p><strong>Don\u2019t Make Mistakes<\/strong><\/p>\n<p>A surefire way of receiving a visit from the IRS is to make mistakes on the amount you have deducted, reported, and claimed. Most of the time, this is a matter of human error. However, the IRS doesn\u2019t know this and they have to assume the worst.<\/p>\n<p>Double-check your return and make sure you can account for absolutely everything with paper evidence.<\/p>\n<p><strong>Claiming Big and Contributing Big<\/strong><\/p>\n<p>The very wealthy and the very poor are most at risk of receiving audits. This is because low-income families have access to big tax breaks and the wealthy are more likely to donate or hide their money to get out of paying tax.<\/p>\n<p>These brackets are fertile grounds for fraud, so be extra careful if you are claiming a wide range of tax credits.<\/p>\n<p><strong>E-Filing<\/strong><\/p>\n<p>The IRS has repeatedly said that filing returns electronically reduces the risk of errors. Since they believe this, it translates to a lower chance of receiving an audit. E filing will dramatically decrease the audit risk simply because it is much harder to let genuine mistakes slip by when filing in this way.<\/p>\n<p>As always, speak to a tax expert to ensure you are filing correctly.<\/p>\n<p>Image credit: <a href=\"https:\/\/www.flickr.com\/photos\/alancleaver\/\">Alan Cleaver<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The tax audit is the biggest fear of every taxpayer in these United States. However, the good news is the IRS audits less than 1% of tax returns every year. In 2015, the number fell to the lowest in a decade. Nevertheless, the possibility is still there. We are going to show you how you [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[21],"tags":[],"class_list":{"0":"post-1427","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-filing-taxes-tax-returns","7":"entry"},"_links":{"self":[{"href":"https:\/\/huddlestontaxcpas.com\/wp-json\/wp\/v2\/posts\/1427","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/huddlestontaxcpas.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/huddlestontaxcpas.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/huddlestontaxcpas.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/huddlestontaxcpas.com\/wp-json\/wp\/v2\/comments?post=1427"}],"version-history":[{"count":0,"href":"https:\/\/huddlestontaxcpas.com\/wp-json\/wp\/v2\/posts\/1427\/revisions"}],"wp:attachment":[{"href":"https:\/\/huddlestontaxcpas.com\/wp-json\/wp\/v2\/media?parent=1427"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/huddlestontaxcpas.com\/wp-json\/wp\/v2\/categories?post=1427"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/huddlestontaxcpas.com\/wp-json\/wp\/v2\/tags?post=1427"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}