Story Pitch: Protect Yourself from an IRS Audit

Queue the theme from Jaws - one aspect that causes consternation this time of year is the thought of getting audited by the IRS. High-income earners aren't the only people who should be concerned. Last year, 30 percent of the people audited claimed the Earned Income Tax Credit (EITC). Pennsylvania Institute of Certified Public Accountants (PICPA) can provide the following advice on strongly minimizing your chance of being audited:

- What do I report?
- Meet the filing deadline or if not be sure you extend
- Document, Document, Document
- Be careful with deductions

No one wants to endure an audit and your audience will be grateful to hear about how to avoid one. Contact Jim DeLuccia at jdeluccia@picpa.org or (267) 675-6261 to set up an interview with a local CPA today.