Title: File Back Taxes | Platinum Tax Defenders
1Why Will The IRS Audit You?
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2One of the worst fears that a taxpayer has is the
IRS audits. The IRS carries our tax audits to
minimize the tax gap. What are the red flats,
though, that can lead to an IRS audit penalty?
Read on to find out a few reasons for the IRS to
audit you.
31 Math errors
Do not make mistakes while filing taxes. Make
sure that you crosscheck every digit and entry.
Mistakes can happen, but a mistake while paying
your taxes can lead to serious IRS audit
penalties. So, double and triple-check whenever
you are filing taxes and don't be distracted
during that period.
42 Claiming a lot of donations
You might be eligible for some deductions in case
you make donations to the charity. However, do
not report false donations. If you dont have the
documentation and still report a donation, there
are chances of IRS audits. Also, only claim the
donations which actually make sense.
53 Failing to report income
The easiest way to get IRS audits? Do not report
some of your income. By not reporting some
income, you can land yourself in major trouble.
So make sure that you crosscheck everything and
try not to be smart with the IRS.
64 Reporting too many losses
For those who are self-employed, do not be
tempted to hide income. Dont file your personal
expenses as business ones. It can lead to
multiple IRS audit penalties. Consult experts at
Platinum Tax Defenders to make sure you do not
land yourself in such situations.
7Contact us
Website www.platinumtaxdefenders.com Address
2280 -B Ward Avenue Simi Valley, CA 93065 Phone
1-866-866-8053