Professor Robert Nassau, Director of the Sherman F. Levey ’57, L’59 Low Income Taxpayer Clinic, spoke with CNBC for the story “These red flags that can trigger an IRS tax audit are ‘low hanging fruit.”
Nassau notes that the earned income tax credit, or EITC, a refundable tax break for low- to moderate-income workers, is a common target.
“There are people who claim it improperly for one reason or another,” said Nassau. “It can be confusing,” with eligibility based on earnings, residency, and family size.