Today’s Forbes.Com has a quick comprehensive graphic article on 10 estate planning moves everyone should be making now. Forbes even includes a calculator that will tell you where your assets will go if you die without a will. Check it out by clicking here.

Today’s Wall Street Journal features an article, “Tax Report: Tips for Dodging an Audit.” Tax audits on those filing with incomes of $200,000 and above are sharply up and likely to continue at higher rates.

The IRS is especially fond of auditing those who use Schedule C. If you have a business, you can avoid Schedule C by incorporating (call us for details).

A few other interesting facts from the article:

- Most audits now are done by mail

- Enforcement revenues dropped from 2007 to 2008

- Anyone can “tip off” the IRS that you are cheating and the agency is likely to investigate.