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There are numerous reasons that people get audited. * Random selection * Their tax return falls outside normal parameters * Error in the tax return * Criminal activity, particularly those involving fraud and large money operations

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17y ago

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Related Questions

Did sharon denise smallwood from 24th and tasker phila pa get audited this year?

The IRS does release names of people that they have audited. So there is no information if Sharon Denise Smallwood was audited this year.


How do you spell autided?

Perhaps you mean audited as in being audited by the IRS


How many people get audited every year?

About 1% of returns are audited annually. The figure is higher for those with over $100,000 annual income and those claiming self-employment with the schedule C form.


Can you get audited after receiving a refund?

Yes, you can still get audited by the IRS even after receiving a refund.


Do audited courses show on the transcript?

Yes, audited courses typically do not show on the transcript as they are not taken for credit.


Can a equity loan get audited for predatory lender?

If you feel you are a victim of predatory lending then by all means it should get audited


What happens to your tax refund if you get audited?

If you get audited, your tax refund may be delayed or reduced depending on the outcome of the audit.


What is unqualified audited financial statement?

Unqualified audited financial statement is set of financial statements which are audited by external financial auditors and found "True and fair view" of financial statements and clear from any fraud etc.


Can you claim on your current taxes the amount paid to the IRS after they have audited you and have requested the money be refunded?

this was from a previous years filing, they audited and it had to be paid back


What do you call a person being audited?

AUDITEE


Must audited financial statements be signed by the auditor?

Yes audited financial statements are jointly signed by auditors as well as management of company as an acknowledgment.


What is the difference between audited accounts and unaudited accounts?

the rough financial figure is called unauditted and financial figures audited by chartered accountants are called auditted