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Money Digest on MSN1d
The IRS Might Flag You If Your Annual Income Is Higher Than This Number
The odds of being audited by the IRS increase with your income level, with specific metrics used to determine the need for ...
Red Flags That Could Trigger a Tax Audit
Keep reading to discover nine red flags that can trigger a tax ... Forgetting to report capital gains income could lead to an audit. The IRS has asked about virtual currency transactions on ...
MiBolsilloColombia on MSN3d
IRS targets these tax returns for special review
As the 2025 tax season wraps up, many taxpayers are still waiting for their IRS refunds. One reason for the delay could be an ...
Fort Worth Star-Telegram1mon
Clear Start Tax Warns Taxpayers About Red Flags That Trigger Audits
Clear Start Tax Outlines the Filing Mistakes Most Likely to Trigger IRS Audits in 2025 From unreported income and excessive deductions to cryptocurrency activity and improperly claimed credits ...
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If your tax return contains any of these 3 red flags, you're more likely to be audited by the IRS, CPAs say
Everyone dreads the idea of a tax audit. And luckily ... or represent a significant portion of your income, this could potentially raise flags with the IRS. "Let's say you had $100,000 of income ...
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IRS to audit individuals with errors in tax returns
Local media reports indicate that the IRS ... flags. Among these are self-employed individuals who report unusually high business expense deductions that do not logically align with their income.