Be Prepared for an Audit

Be Prepared for an Audit

After filing a tax return, most of us are simply relieved another tax year is done. Before storing away your tax return and all its related records, take the time to make a final review of the material and organize your records. This can be in paper form or in digital form as long as you know where it is in a secure place and you feel it will meet the requirements of substantiation. Here are some tips to be prepared for an audit. Be prepared for…