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Newspaper
Southern Illinoisan
Location
Carbondale, Illinois, United States of America
Date
Mar 15, 2012
Page
5
Financial counselor Joe Plemon argues that choosing simplicity can defy a poverty mindset. He cites Dan Miller and Henry David Thoreau on living with less, hosting potlucks, visiting parks, and building community as paths to meaningful living despite money stress.
IRS notices provoke anxiety yet most audits are harmless. In 2011 the agency audited 1.6 million individual returns, about 75 percent by mail, with higher rates for millionarily in come. Experts note no magic formula guides selection. computer screening and review examinations are used to verify reported taxes.
Jeff Schnepper and tax pros outline how the IRS selects audits, focusing on variances from averages, random picks, and document matches. They note audits may result in no change or a refund, and emphasize keeping records three years, accurate reporting, and thorough documentation to withstand scrutiny.
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