Be on guard. According to Sara Gould, CPA at Deming, Malone, Livesay and Ostroff, here are four IRS no-nos that might prompt an unwanted audit:
• Doesn't add up: "What you provide to the IRS and what a third party provides better match up," says Gould. "If not, the system will generate a notice that might prompt an audit."
• Abnormal deductions: Excessive deductions in relation to your income will trigger a question mark with the IRS that Gould says, "Isn't worth it."
• Child deductions: Divorced families should be aware and decide who will claim the child as a dependent and take the appropriate deductions and credits.
• Social Networks: Be careful how much private information you divulge on social websites such as Facebook and Myspace. IRS agents are now using these websites as a way to research and locate tax evaders.