Lower your chances of being audited

Tax season is upon us, and with that, some people will inevitably get audited this year. However, 47 ABC have some tips that will hopefully lower that chance.

1. Watch out for typos, if numbers are entered incorrectly that can raise a red flag.

1. Be able to verify the deductions you take. CPA’s say good record keeping can make a big difference.

1. Don’t try to cheat; apparently this is done a lot easier for someone with a higher income.

1. Be mindful of unreported income. This can often be found in people who own stocks and simply forget to report it.