Tuesday, February 10, 2009

Tax tip #9 ways to reduce your chances of an audit

1. Mail your return by federal express
2. Send all changes of address to the IRS
3. Use the IRS pre-addressed label
4. Have a neat tax return
5. File elections that you are entitled to
6. Make sure all of your income is reported
7. Have a tax preparer prepare your return
8. Separate your 1099 income from your other income
9. Keep records of expert advise you received

I am not a CPA. Please consult.
"Lower Your Taxes Big Time" by Sandy Botkin is a great resource book.