What Are Your Odds of Being Audited?

They are low unless you show the I.R.S. some conspicuous “red flags” on your return. Provided by Reeve Conover – Conover Consulting Fewer than 1% of Americans have their federal taxes audited. The percentage has declined recently due to Internal Revenue Service budget cuts. In 2016, just 0.7% of individual returns were audited (1 of every 143). That compares to …