HomeOfficeDeduction

Audits are avoidable: From outlandish charitable giving to claiming a home office, there are a host of specific thing that can set of warning bells with the IRS. Here are the things the IRS looks for, and tips to help you avoid its scrutiny.

Even if you have nothing to hide, an IRS audit is no picnic. But have you ever wondered why some tax returns get intense scrutiny while most sail through the review process? Here are 12 red flags that could increase your chances of drawing unwanted IRS attention.

When my husband and I first started our business, we turned part of our house into a proper office. It was furnished with two desks, computers, and a copy machine on one side; a small conference table and chairs on the other. A separate phone line and fax ran only to that part of the house. Ten...