Quote:Audits are done when the IRS sees red flags.

Yes, but they're also done at random. An income north of $100k/yr. paints a big red bullseye on your back. Angering the President, as we saw a few years back, all but guarantees that auditors will be crawling up your tailpipe looking for wrongdoing. Beyond that, the vast majority of audits find only minor errors, if any errors at all. Being audited just means that you have a pulse and you make enough money that the government thinks they should get a little more from you.

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