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How to Avoid Getting Audited

Pressured by Congress to collect more money, the Internal Revenue Service has been busy boosting its audits, particularly among high-income earners. It’s forcing taxpayers to be increasingly vigilant in order to avoid waving red flags in front of the tax man. This year some new tax twists are giving the IRS fresh targets, and the [...]

Source: http://blogs.wsj.com/tax
 


Some tax deductions are aimed at individuals; many are directed to businesses. The complicated maze of tax deductions that Congress has instituted over the past 70 years has contributed to the view that the tax code in the United States needs to be completely redone in a simpler fashion.

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