Who Gets the IRS Audit?
Unlike what most people fear, very few people are audited by the IRS each year. However, statistics do not ease people’s fear of an IRS audit.
They think that the IRS audit is the worst thing that could happen to them and it will destroy their financial situation. However, they should know that only certain types of tax filers get audited by the IRS.
First of all, most of the taxpayers whom the IRS audit did something to red flag them such as claiming excessive amount of expenses that are unreasonable. There are many audit flag indicators that the IRS goes by.