3 Ways to Avoid Getting Audited This Year
In the grand scheme of filing taxes, nothing invokes instant fear like an IRS audit notice. Now the reality is that getting audited isn't usually the harrowing experience the media might portray it to be. Generally, an audit goes something like this: You receive a letter in the mail from the IRS asking for clarification or evidence in support of the information you've entered on your tax return. You provide that additional detail, and you're all set. Still, most tax filers would prefer not to get audited, and if you're one of them, these three moves could keep your name off that dreaded list.
Whenever you earn money, the IRS is entitled to a piece of it. Now you probably know that you need to report the income you earn from your primary job -- that's where your W-2 comes in. But what about the income you earn from a side gig?
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Source Fool.com
