- advertisement -
  MARKETWATCH.COM  Member Sign In - Free Sign Up for personalized features
 
FRONT PAGE MARKETS GLOBAL MARKETS IPOS ECONOMY & POLITICS MUTUAL FUNDS COMMENTARY  
Bankrate.com   

Are you audit bait?

Will the IRS take a special interest in you? We tell you how to avoid an audit, how to prepare for one if it comes and how to appeal if the ruling goes against you. Plus, we look at Uncle Sam's new tax-enforcement efforts.

Increase your audit awareness.
 

9 weirdest tax write-offs
Did you hear the one about the ostrich? If you think these tax-reduction tricks are off the wall, just imagine the Internal Revenue Service's reaction. Don' t try these at home!
PLUS: Turning in tax cheats

 

Tempting the tax auditor
Not all tax-avoidance attempts are wacky. Some are even legal. But they still could send up red flags to attract a tax examiner.
QUIZ:
Are you audit bait?

You're caught. Now what?
 

Preparing for an audit
You got that dreaded IRS letter? Don't panic, just prepare.

  Options when the auditor says pay up.
Here's how you can appeal if your tax audit didn't turn out like you had hoped.
PLUS: Your audit appeal rights
Who's on the hot seat?
  Audits from hell return!
The IRS has resurrected its arduous random audit program. That means thousands of unlucky filers -- even those not suspected of tax evasion -- will get to explain their returns line-by-line to a tax examiner.
  Tax pros under the microscope
Tax preparers suspected of misleading clients are getting a closer look from Uncle Sam.
PLUS: Questions to ask your tax preparer
   
  -- Posted: March 24, 2003
Print   E-mail

Compare Rates
NATIONAL OVERNIGHT AVERAGES
30 yr fixed mtg 5.80%
48 month new car loan 6.92%
1 yr CD 3.03%
Rates may include points



Mortgage calculator
See your FICO Score Range -- Free
How much money can you save in your 401(k) plan?
Which is better -- a rebate or special dealer financing?
VIEW MORE CALCULATORS

BASICS SERIES
Tax Basics
Knowing how to file can save you money.
Filling out the W-4 form
What is my tax rate?
How to itemize deductions
Tax credits can lower bill
Death and taxes
Tax record-keeping

MORE ON BANKRATE
Income tax rates  
Tax forms  
State taxes  
Tax basics

ADVERTISING PARTNERS

- advertisement -
 
- advertisement -

News & Advice | Compare Rates | Calculators
Mortgage | Home Equity | Auto | Investing | Checking & Savings | Credit Cards | Debt Management | College Finance | Taxes | Personal Finance
About Bankrate | Privacy | Online Media Kit | Partnerships | Investor Relations | Press/Broadcast | Contact Us | Sitemap
NASDAQ: RATE | RSS Feeds | Order Rate Data | Bankrate Canada | Bankrate China

* Mortgage rate may include points. See rate tables for details. Click here.
* To see the definition of overnight averages click here.

Bankrate.com ®, Copyright © 2008 Bankrate, Inc., All Rights Reserved, Terms of Use.



News & Commentary | Personal Finance | My Portfolios | Research & Tools | MarketWatch TV & Radio
Message Boards | MarketWatch Mobile | MarketPlace | Free Membership | Login
Site Index | NewsFinder | Search News | Help | Feedback
Newsroom | Company Info | Advertising | Investor Relations | Jobs

Make MarketWatch.com your Home Page

Marketwatch.com

FTMarketwatch.com | FT.com | FTYourMoney.com | BigCharts.com

© 2005 MarketWatch, Inc. All rights reserved. Disclaimer. Privacy Policy

Intraday data provided by S&P Comstock and subject to terms of use.
Historical and current end-of-day data provided by FT Interactive Data.
Intraday data is at least 15-minutes delayed. All times are EDT.