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7 ways to avoid an IRS audit

It’s the 1% no one wants to be a part of: the share of Americans who get audited.

The Internal Revenue Service is tracking down people who may be shorting the tax man by understating their income, exaggerating tax breaks and skipping out on other tax liabilities. And it isn’t just the rich and famous that agents are going after. Six percent of the IRS audits conducted on individuals in 2012 were for people who made between $200,000 and $1 million, according to IRS data.

http://www.marketwatch.com/story/7-ways-to-avoid-an-irs-audit-2014-02-21?dist=beforebell