4 Audit Triggers To Avoid For Entrepreneurs and High Income Individuals
High-income taxpayers who file Schedule C or claim aggressive deductions face heightened IRS audit risk and must maintain accurate, consistent records to reduce exposure.
20 Real Estate Tax Deductions Agents Use to Save Money
Independent real estate agents can lower taxes by tracking and claiming legitimate business expenses on Schedule C (Form 1040) and calculating self-employment tax on Schedule SE.