Should you get audited, brace yourself. The I.R.S. would not have called you in unless the red flag came up somewhere on your return. It's most important to bring all your receipts with you, even receipts which you could have, but did not declare on your return. So, all paperwork, all receipts, and oh yeah..may be a Valium or two just in case...

 

The IRS is on the prowl--possibly for you. Thanks to improved detection systems and computerized checks, the IRS can more easily identify red flags that trigger audits, says Joseph Perry, a partner at Marcum LLP, a public accounting firm. "They definitely contact taxpayers more frequently," he adds...

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