Even though your chances for being audited may be low, there is still that chance your federal income tax return could be flagged for an audit.  In the case you are audited, the best preparation is to know what to expect.  The majority of tax audits occur completely through correspondence rather than a tax agent visiting your home or your office.  These audits are typically focused on one or two specific items on the income tax return.

For more about how to survive a tax audit read, “How to survive a tax audit.”