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How to avoid an IRS audit. One of the things that will certainly get you in line to be
added to the top of the list for IRS audits it your investment and risky tax shelters.
This is just something that exposes you to the potential, or further potential for an
IRS audit. If you invest in certain tax shelters, then there is a required investor reporting
of a tax registration number. These are for certain tax shelters that must be registered
with the IRS. Your involvement in some of these tax shelters may or may not add to the
likelihood that you could be audited by the IRS. So the more risky your investments in
a tax realm, the more likelihood your tax return could be selected for audit. Why is
this? Because if you're willing to take risks, unnecessary or frivolous risk from an IRS
perspective, than there may be other areas on your tax return that could also be risky
as well. So if you're involved in risky tax shelters, it may just move you a little bit
to the head of the list for an IRS audit. If you want to avoid an IRS audit, you might
want to avoid the ultra risky tax shelters as well.