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Pastimes : ASK Vendit Off Topic Questions

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To: Vendit™ who wrote (16782)	12/4/2000 12:02:34 PM
From: DOUG H	Read Replies (1) of 19374

I thought some here may find this, and the attached links useful. bcentral.com Money Matters/Joseph Anthony What the IRS knows about your industry Every so often, someone asks me, "I know it's legal for me to take _____ (insert your favorite tax deduction or strategy here). But will having it on my return trigger an audit from the IRS?" I'm sorry, but I don't know. I really don't. Nobody knows exactly what will trigger an IRS audit. The Internal Revenue Service closely guards the guidelines and formulas it uses for determining who will be audited, which makes sense. Sure, tax pros can make educated guesses about what returns might be more likely to draw the IRS' attention. But none of us can say with certainty that something will or will not lead to an audit.

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