We've used the same tax preparer for many years. Nothing fancy, one of the big name franchise's. Without any major deductions or audit flags we've been selected for an IRS audit. My wife and I are both W-2 workers and collectively earn just under $100K/yr, claim standard deductions (mortgage interest, kids (no EIC), nominal business expenses -- less than $1000/yr for business supplies, lunches, etc... and some mileage for business travel in a car that I own, (less than 10K miles per year and I'm in B2B sales), no investment losses or non-standard or "creative" deductions). Just seems so odd that we'd be selected for an audit. Is my tax preparer accountable to me for this audit? Is selection totally arbitrary or, are certain flags looked for?
2007-11-07
11:14:16
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12 answers
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asked by
Baz
2
in
United States