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  2. What happens if an error is found during a tax audit? - AOL

    www.aol.com/finance/happens-error-found-during...

    What To Expect During an Audit. The IRS uses random selection, computer screening and related examinations to decide who to audit, and if you win the agency’s unlucky lottery, they’ll conduct ...

  3. Here’s why the IRS would want to audit your taxes - AOL

    www.aol.com/finance/why-irs-want-audit-taxes...

    Missing income. If you’re a gig worker or contractor and don’t include income from those jobs, the IRS will notice the missing income. In most cases, the agency gets copies of the 1099 forms ...

  4. IRS Audits: 6 Things You Need To Know - AOL

    www.aol.com/finance/irs-audits-6-things-know...

    IRS audits are big business. The whole point of an audit is not to strike fear into the heart of American taxpayers -- although it succeeds in doing that -- but rather to raise revenue for the ...

  5. What Are Your Chances of Being Audited by the IRS? - AOL

    www.aol.com/finance/chances-being-audited-irs...

    An IRS audit is a review of an individual, partnership or organization's tax return and financial information to verify that reported information is correct. Tax return audits are serious events ...

  6. Every Document You Need To Defend Yourself During an Audit - AOL

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    Defending yourself during an Internal Revenue Service audit can be a time-consuming, stressful affair -- but audits aren't too common. In fact, just 0.25% of all returns are typically audited by ...

  7. Taxes are due in two weeks—here’s how to avoid an audit - AOL

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    The IRS audit rate dropped to just 0.38% of all returns in 2022. And the most common causes of an audit can be avoided if you take your time while assembling your return—even if that means you ...

  8. To Avoid an IRS Audit, Steer Clear of These Red Flags - AOL

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    To Avoid an IRS Audit, Steer Clear of These Red Flags. Brian Lund. Updated July 14, 2016 at 10:09 PM. ... "First," says Knecht, "double- and triple-check all your numbers. When you're inputting ...

  9. 8 Ways an IRS Audit is Triggered - AOL

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    Nobody wants to face an IRS tax audit, but even if you do everything according to the rules, you could be subject to one. The good news is that the chances of being audited are very low. The IRS...

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