Home based small businesses are one of the hot targets for potential tax audits from the Internal Revenue Service. Schedule C filers, (self-employment) are audited at a rate of 3%. Although this may not sound very high, after all, that means 97% of the people are not audited, it is three times as high as people filing taxes with W2s only.
There are additional flags the IRS looks for when determining which returns to audit:
- Nyc Dept Of Taxation And Finance
- Home Mortgages Refinancing
- Gay Friendly Financial Advisor
- Cryshler Financial
- Refinance 2nd Mortgage

