Tax Deductions that Alert an Auditor

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It's natural for taxpayers to try to claim as many deductions on their annual tax returns. It's clear that they do not want the IRS any more than they actually have to, and that they want to pay less whenever possible. However, a number of tax deductions have been utilized so many times or claims for deductions are almost unreasonable that when these are reflected in the tax return, the IRS will always notice. Sure there are always truthful and valid reasons for using any of the deductions, but depending on the amount of the attempted deduction, it will be very clear to any IRS agent that something is wrong, and audit will be required. It's important to note that an IRS audit will cause you to have problems related to your taxes.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Darrin Mish, Tampa Tax Attorney, The Law Offices of Darrin Mish, P.A. | Attorney Advertising

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