Tips To Avoid Getting Audited from Propono. Propono is here to help you get out of trouble or settle issues with the IRS. They help with a variety of issues from back-taxes, wage garnishment, levy removal, audit defense, and more. But they also want to help you avoid any issues to begin with. So they put together a great list of tips for you to keep in mind.
Tips To Avoid Getting Audited
The first tip seems a little obvious, but it is so easy to glaze over. Be thorough and detailed when doing your taxes. Accuracy in your taxes makes everything that much easier. There is no need to audit you if your numbers look correct. Any jobs or side jobs that you’ve been paid for need to be included in your income report.
The second tip is a bit of a reinforcement of the first tip: Report all income! Whether it be 1099, W2, or cash from another company or individual. If it’s reported to the IRS by them and not you, you can trigger an audit. Does this mean you need to report if your Mother pays you to mow the lawn? It does if she reports the expense to the IRS! This is where things get tricky. Cash payments not reported by as an expense may not need to be claimed. But this is generally only advisable if it’s a small amount of income. If you are spending a lot of money and not reporting matching income, you may also trigger an audit.
For the rest of the tips, you need to visit Propono and read for yourself! Contact them if you think you might need help settling a dispute with or defending yourself against the IRS.