Rental Losses

IRS Audit Triggers: Six Red Flags

The IRS only audits about 1 percent of individual tax returns, so the odds are pretty low that yours will be picked --unless you have one of these 12 red flags.

Don't Get Audited! The IRS's Dirty Dozen Red Flags

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.

Real estate tax tips for 2010

real estate tax tipsThe real estate downturn that dominated 2009 leaves many on unfamiliar ground at tax time. Where better to look for advice than in suburban Los...