How to Avoid an IRS Audit - Yahoo! Finance - 0 views
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Tax season is upon us, with most Americans putting together the materials they need to file their returns, gathering receipts, and searching for other tax deductions to maximize the amount they get back from the federal government.
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If the IRS begins to suspect that a tax return isn't entirely truthful, the filer might be in for an audit.
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Only about 1.1 percent of people who file a 1040 [the most common tax return] for the 2010 tax year were audited ... [or] about 1.5 million," says Rozbruch. "However, the audit rate is 12.5 percent for people earning $1 million or more in 2010.
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