Comments on: Common Red-Flags That Lead to IRS Audits http://www.getrichslowly.org/blog/2007/02/27/common-red-flags-that-lead-to-irs-audits/ personal finance that makes cents Fri, 08 Aug 2008 19:17:08 +0000 http://wordpress.org/?v=2.5.1 By: Mr. Lawyer and Mr. Accountant Chat About Taxes ? Get Rich Slowly http://www.getrichslowly.org/blog/2007/02/27/common-red-flags-that-lead-to-irs-audits/#comment-120477 Mr. Lawyer and Mr. Accountant Chat About Taxes ? Get Rich Slowly Mon, 03 Mar 2008 13:01:08 +0000 http://www.getrichslowly.org/blog/2007/02/27/common-red-flags-that-lead-to-irs-audits/#comment-120477 [...] So the top tax advice from my two most important personal finance advisors is: don’t cheat, and plan now for your tax situation next year. I’d add that you should watch out for common red-flags that lead to IRS audits: [...] [...] So the top tax advice from my two most important personal finance advisors is: don’t cheat, and plan now for your tax situation next year. I’d add that you should watch out for common red-flags that lead to IRS audits: [...]

]]> By: Fai Mao http://www.getrichslowly.org/blog/2007/02/27/common-red-flags-that-lead-to-irs-audits/#comment-84551 Fai Mao Tue, 24 Apr 2007 00:44:57 +0000 http://www.getrichslowly.org/blog/2007/02/27/common-red-flags-that-lead-to-irs-audits/#comment-84551 Try getting audited if you live over seas! I have a non-US citizen wife and our US taxes are a bear. Try getting audited if you live over seas!

I have a non-US citizen wife and our US taxes are a bear.

]]> By: Digmann.com » Blog Archive » IRS Red Flags Equal Audits: Avoid Them http://www.getrichslowly.org/blog/2007/02/27/common-red-flags-that-lead-to-irs-audits/#comment-80816 Digmann.com » Blog Archive » IRS Red Flags Equal Audits: Avoid Them Fri, 09 Mar 2007 03:09:18 +0000 http://www.getrichslowly.org/blog/2007/02/27/common-red-flags-that-lead-to-irs-audits/#comment-80816 [...] paying less - maybe.  J.D. over at Get Rich Slowly (man do I love this site) has but together some common items on tax returns which just plain set off red flags.  These are no nos.  A few are don’t make too much (more money increases likelyhood of an [...] [...] paying less - maybe.  J.D. over at Get Rich Slowly (man do I love this site) has but together some common items on tax returns which just plain set off red flags.  These are no nos.  A few are don’t make too much (more money increases likelyhood of an [...]

]]> By: Hasan Diwan on the Web! http://www.getrichslowly.org/blog/2007/02/27/common-red-flags-that-lead-to-irs-audits/#comment-80138 Hasan Diwan on the Web! Tue, 27 Feb 2007 21:40:07 +0000 http://www.getrichslowly.org/blog/2007/02/27/common-red-flags-that-lead-to-irs-audits/#comment-80138 <strong>Top 15 Ways to Avoid a Tax Audit...</strong> Financial advice blog Get Rich Slowly has 15 items guaranteed to get you an audit by the IRS. I've not been audited, but from what I hear, it is a bigger pain in the arse than getting RU-486 in the...... Top 15 Ways to Avoid a Tax Audit…

Financial advice blog Get Rich Slowly has 15 items guaranteed to get you an audit by the IRS. I’ve not been audited, but from what I hear, it is a bigger pain in the arse than getting RU-486 in the……

]]> By: brad http://www.getrichslowly.org/blog/2007/02/27/common-red-flags-that-lead-to-irs-audits/#comment-80137 brad Tue, 27 Feb 2007 18:17:25 +0000 http://www.getrichslowly.org/blog/2007/02/27/common-red-flags-that-lead-to-irs-audits/#comment-80137 No, I work from home and do nearly 100% of my work from home apart from two or three short business trips a year. Deducting my home office expenses (primilary a pro-rated share of my rent and utilities) triggered an audit a few years ago and I've never bothered to deduct them again. But my office is small (about 20 square feet, little more than a cubicle) and I wouldn't gain much by taking the deduction anyway. No, I work from home and do nearly 100% of my work from home apart from two or three short business trips a year. Deducting my home office expenses (primilary a pro-rated share of my rent and utilities) triggered an audit a few years ago and I’ve never bothered to deduct them again. But my office is small (about 20 square feet, little more than a cubicle) and I wouldn’t gain much by taking the deduction anyway.

]]> By: Allie http://www.getrichslowly.org/blog/2007/02/27/common-red-flags-that-lead-to-irs-audits/#comment-80136 Allie Tue, 27 Feb 2007 17:32:44 +0000 http://www.getrichslowly.org/blog/2007/02/27/common-red-flags-that-lead-to-irs-audits/#comment-80136 Do they mean a home office in which people actually do not work? My husband and I both actually do work from home, and we do ALL our work from home. Do they mean a home office in which people actually do not work? My husband and I both actually do work from home, and we do ALL our work from home.

]]> By: brad http://www.getrichslowly.org/blog/2007/02/27/common-red-flags-that-lead-to-irs-audits/#comment-80129 brad Tue, 27 Feb 2007 16:11:31 +0000 http://www.getrichslowly.org/blog/2007/02/27/common-red-flags-that-lead-to-irs-audits/#comment-80129 I'll vouch for the home office red flag. I don't even bother trying to deduct my home office anymore because it triggered an audit once. The audit was such a time-consuming hassle that the few dollars I could save in taxes simply aren't worth the risk. I’ll vouch for the home office red flag. I don’t even bother trying to deduct my home office anymore because it triggered an audit once. The audit was such a time-consuming hassle that the few dollars I could save in taxes simply aren’t worth the risk.

]]> By: Dusty http://www.getrichslowly.org/blog/2007/02/27/common-red-flags-that-lead-to-irs-audits/#comment-80126 Dusty Tue, 27 Feb 2007 14:20:24 +0000 http://www.getrichslowly.org/blog/2007/02/27/common-red-flags-that-lead-to-irs-audits/#comment-80126 Great writeup! Nothing like adding a little extra paranoia to the tax season, which isn't necessarily a bad thing if it saves you from an audit. Great writeup! Nothing like adding a little extra paranoia to the tax season, which isn’t necessarily a bad thing if it saves you from an audit.

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