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Posts tagged "charitable deduction"

What are the odds of a tax audit?

So what are the odds, overall, of the IRS targeting your return for a tax audit? The answer varies, of course, depending on certain factors. It's important to minimize your risks of an audit by taking common sense steps to protect yourself. As we discussed in our January 29 post, these can doing these like keeping records of charitable contributions and including all types of income.

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