As part of the settlement deal meant to resolve Trump's $10 billion lawsuit against the Internal Revenue Service over the leak of his tax returns, the U.S. is "forever barred and precluded" from examining or prosecuting Trump, his sons and the Trump organization's current tax examinations, according to a one-page document posted to the Justice Department's website.
The person that does get audited does not just get slapped on the hand. You could end up paying penalties and interest in addition to what you owe. In extreme cases, you could also be prosecuted. This tax season, take the time to vet any tax advice you're considering.
Audits from the IRS are no picnic. The Internal Revenue Service has a job to do, and that often involves targeting people they think are gaming the system for a more intensive inspection. The IRS can ask for clarification, adjust your tax filing for you (and allow you to either accept the changes or show proof that you had the correct figures to begin with), or go all in with an audit of your finances. They are rare, but the IRS is more likely to audit taxpayers whose returns have certain red flags.