Being in business for yourself can be exciting, lucrative, and a great way to draw the attention of the IRS's audit division.The IRS has audited significantly less than 1% of all individual returns in ...

In the end, there's no sure way to predict an IRS audit, but these 18 audit red flags could increase your chances of drawing unwanted attention from the IRS. (Image credit: Getty Images) 1.

During a recent House hearing, IRS Commissioner Danny Werfel reaffirmed the agency’s commitment to not increasing audits for people making under $400,000 per year.

During a recent House hearing, IRS Commissioner Danny Werfel reaffirmed the agency’s commitment to not increasing audits for people making under $400,000 per year.