The 9 IRS Tax Most Important Audit Triggers

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The IRS takes more money from taxpayers but the truth is they are only taking legitimate deductions and not doing anything shady.

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Finance and tax experts follow the IRS audit triggers you need to know.

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1. Excess deductions or tax credits that are available.

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2. Dealing in transactions in cryptocurrency.

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3. Fixed mismatch in returns filed.

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4. Claiming rental expenses for the self-employed.

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5. Claiming of Recurrent Business Losses.

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6. Write off of excess traveling expenses.

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7. Not reporting income from side hustle or gig work.

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The 9 IRS Tax Most Important Audit Triggers

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