How to Avoid an IRS Audit

There are few things more terrifying than being notified by the IRS that you’re going to be audited. It’s not just your money that’s at stake; so is your peace of mind. The prospect of having to pay additional taxes and significant fines is bad enough, but what can be worse is the investment of your time and emotional turmoil involved in having your business and life under the IRS microscope.
 
According to Enrolled Agent Steve Carter, president of Carter Group Tax Service, although the chances are slim you will be audited, there are certain things you can do to reduce the possibility of coming under the IRS’ radar even further. In his talk, “How to Avoid an IRS Audit,” Steve will share with your members:
 
* What kind of supporting documentation the IRS says they should keep
* Why having a low overall net income may be a red flag
* How to fill out their tax return properly if they have a home office