I don't usually pass along this kind of information, but it was very helpful to me. An accountant friend of mine emailed me with this:
IRS plans to audit 1 of 44 returns this year to help fund stimulus...targets are:
- EITC,?Earned Income Tax Credit,?
- Schedule C, ?independent small business on the 1040, ?
- Schedule E, ?rental income property?and?
- Form 2106, unreimbursed employee expenses.
Thought you'd like to know! -----