Is There Really Such a Thing as an Audit Red Flag? Pt. 1
Originally broadcast May 12, 2012.
In Part 1 of this archival TaxSense discussion, Owen S. Arnoff examines the idea of IRS “audit red flags” and the kinds of return items, reporting patterns, and taxpayer circumstances that can attract additional scrutiny.
The episode separates common assumptions about audit triggers from the broader realities of IRS examination risk and emphasizes accurate reporting, documentation, and defensible tax positions.
Archive notice: This program is presented as a historical recording. Tax laws, IRS procedures, financial rules, and planning strategies discussed reflect the law and circumstances in effect when the episode originally aired and may no longer be current. This recording is provided for historical and educational purposes only and is not current tax, legal, or investment advice.
Creators and Guests
Host
Owen Arnoff
Owen S. Arnoff, EA, NTPI Fellow, is a tax practitioner, educator, and industry thought leader focused on tax planning, practitioner judgment, and professional education. An Enrolled Agent since 2008 and an NTPI Fellow since 2011, Owen has worked across taxation, financial services, business ownership, insurance, investments, real estate, and advisory practice over a career spanning more than four decades. He is the creator of 1040.guru, a practitioner-focused tax-planning platform, and the publisher and host of Tax Practitioner Intelligence, a media and publishing series built around real cases, better questions, authority-grounded analysis, implementation, and professional judgment. Owen was the host of TaxSense: Keeping What’s Yours, a Sacramento-based tax and financial radio program broadcast on 1380 KTKZ during 2012–2014. The restored TaxSense archive preserves those historical programs as part of his broader work in tax education and public communication.
