What Can Trigger an IRS Audit – Episode 167
If you’ve ever gotten a letter from the IRS, even if you’re sure you’ve done nothing wrong, you know how stressful that can be. An even greater stress would be to see the word “audit” somewhere in the letter.
Your best bet is to be thorough enough on your tax return so as to avoid any and all correspondence with the IRS when it comes to your taxes. But how do you do that? Are there things that could actually trigger a letter and/ or a potential audit?
Yes. Learn what they are from podcast host Johnny Dean and Rick “The Professor” Plum, CFP® on today’s episode of Managing Your Financial Future!
Important Information:
The information provided should not be considered specific tax, legal, or investment advice and is not specific to any individual’s personal circumstances. Each taxpayer should seek independent advice from a tax professional based on his or her individual circumstances.
Rick Plum is a registered representative with, and securities and advisory services offered through LPL Financial, a registered investment advisor and member FINRA/SIPC. The investment professionals are affiliated with LPL Financial and are conducting business using the name Lucia Capital Group, a separate entity from LPL Financial.
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