No one wants to get audited by the Internal Revenue Service. Here, accountant Mark Kohler offers three tips for handling your taxes carefully as to avoid the IRS from knocking on your door:
1. Make sure your return is well-balanced, so that no expenses seem high or out of the ordinary.
2. It might seem like a no-brainer, but make sure to file all of your necessary returns.
3. Make sure to respond promptly if contacted by the IRS.
Mark J. Kohler, a certified public accountant in Irvine, Calif., is a partner in the accounting firm Kohler & Eyre, and the law firm Kyler, Kohler, Ostermiller, & Sorensen LLP, specializing in business, estate and tax. He is the author of What Your CPA Isn't Telling You from Entrepreneur Press.