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Oh, by the way 1 outta 4 "tax returns" will be audited this year.
Uh...not.
According to the IRS website "about 1.1% of tax returns can expect to be audited in 2012."
There are audits and then there are AUDITS. There are full blown audits targeting individuals or business. Then there are audits of specific types of businesses, for example in the past they went after real estate sales people, office in homes, construction etc. Lastly there is the return that gets computer flagged because some entry on the return is outside predetermined parameters, high employment expenses or mileage. The first is what I consider a true audit, it's expensive, you bring every thing, I prefer their office. The second two can be done with a phone and fax machine.I tell my clients to keep their mouths shut unless I ask the question, oh! and bring their checkbook. 
Last edited by MACMC; 01/31/2012 10:43 PM.
Every normal man must be tempted, at times, to spit on his hands, hoist the black flag, and begin slitting throats.
H. L. Mencken
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