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Kiplinger
Kiplinger
Business
Joy Taylor

What Are Your Chances of an IRS Audit? 15 Audit Red Flags

IRS
The word tax in red letters under a magnifying glass.

As you're getting ready to file your tax return, you may be wondering about the chances that the IRS will audit your return.

Your fear might be heightened, knowing that the Biden-era Reduction Act gave the IRS $80 billion in extra funds over 10 years, with a large chunk of that money to be used by the agency for increased enforcement activities. This money is in addition to the IRS's annual funding.

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