It's that time of year again - time to start thinking about taxes - and tax deductions.
Consumer advocate Clark Howard recently posted a list of the 12 red flags that will get you audited by the IRS, which is the short and sweet version of Kiplingers IRS Audit Red Flags: The Dirty Dozen. Both articles are must reads - if you are short on time, go to Clark's edited version - but if you have the time, check out Kiplingers article which goes into more depth and explanation. (don't miss the New Tax Changes for 2012 link at the end of the article - it's available on the Kiplingers site for $6.)
As an FYI, my background is in tax accounting, so if you'd like a complimentary consultation, don't hesitate to contact me through the link below.
Image credit RVW