You Shouldn’t Fear an IRS Audit if You Do Your Homework
CPA Practice
JUNE 10, 2024
By Matthew Chancey, CFP, Kiplinger Consumer News Service (TNS) Audit. They dread the scrutiny, penalties and other unfortunate outcomes when the IRS questions the accuracy or the veracity of their tax return. Audit rates will increase by more than 50% for those with total positive income of more than $10 million.
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