The unfortunate truth is that the IRS can audit anyone’s taxes. While it’s true that you’re more likely to be audited the higher your income is, everyone is fair game. Many audits are random, but there are tax situations that put you more at risk of getting that frightening letter from the IRS.
Reduce Your Audit Risk
Tax websites can help you reduce the risk of an audit, as long as you follow the rules and provide accurate information. And if you do get audited, the documentation they provide can assist you as you go through it. Some tax sites offer limited audit assistance as a part of their fee and even more if you pay extra. Here are some tax-related red flags that you should avoid if you don t want to pop up on the IRS s radar.
Virtual Assistant is limited
Taxes are hard enough to do even with top-notch tax preparation software, so the more choices you have for getting them done, the better. H&R Block provides more options for personal tax preparation than any of its competitors, including in-office services, DIY software, online applications, and numerous options for virtual expert help. We took a look at H&R Block Deluxe, which focuses on W-2 and interest/dividend income and supports the Schedule A, so you can see whether itemizing is better than taking the standard deduction.
H&R Block Deluxe offers a capable blend of tax topic coverage, usability, and taxpayer guidance, all of which earned it an Editors Choice award for online tax preparation services two years ago. The company has introduced numerous enhancements to its 2021 lineup (which you ll use to file your 2020 taxes). There are new forms supported in its free version, for one thing. The company has also made improvements to its Virtual Assist
H&R Block Deluxe is a comprehensive, easy-to-use tax service that helps e-filers claim relevant income, deductions, and credits. It's an excellent choice for simple and complex returns, both in terms of its user experience and help options.