Taxing Times: How Likely Am I To Be Audited?

The video discusses the low probability of being audited by the IRS, which is about 1% annually. It highlights the criteria that may trigger an audit, such as virtual currency and large charitable donations. The video advises not to panic if you receive a letter from the IRS, as it may be an adjustment or verification letter. It also provides a resource for more information on tax issues.

What new insight or understanding did you gain from this video?