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9 audit red flags

FSB consulted small-business tax experts to come up with a list of nine situations likely to draw unwanted attention from the IRS.

1 of 9
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No Profit
No Profit
Claiming business losses year after year or reporting a huge one in a single year will raise eyebrows.


NEXT: Very Low Revenues
Last updated February 25 2008: 9:55 AM ET
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