Tax season can be stressful. You want to get every deduction you deserve, but you also want to avoid trouble with the IRS. Many people turn to financial advisors for help, trusting their expertise. But not every tip is a good one. Some well-meaning advice can actually put you in the IRS’s crosshairs. If you’re not careful, following the wrong guidance can lead to an audit, penalties, or worse. Here’s what you need to know about the advisor tips that can trigger an IRS audit—and how to avoid them.
