Podcasts about tax audit

Few things are as nerve-wracking as receiving an IRS audit notice—but how do audits really work, and what can you do to protect yourself? In this episode of Absolute Trust Talk, Kirsten Howe sits down with Anthony Kim, a former IRS Chief Counsel Attorney with 26+ years of experience, to reveal the truth behind IRS audits. Tony, who has litigated complex tax cases for the U.S. Treasury Department and represented Fortune 500 companies and high-net-worth individuals at Ernst & Young, shares insider knowledge on what triggers audits, the IRS selection process, and how to avoid common red flags. You'll learn why IRS audits are rarer than you think, the top mistakes taxpayers make, and why choosing the right representative—CPA or tax attorney?—could make or break your case. Plus, Tony drops a little-known IRS tip that could save you from missed notices and financial headaches. Don't leave your financial future to chance! Listen now to get expert advice on navigating an IRS audit with confidence.   Time-stamped Show Notes: 0:00 Introduction 0:57 Meet Anthony Kim: Former IRS Chief Counsel Attorney & tax expert 3:42 What triggers an IRS audit? Common red flags explained. 6:28 Whistleblower reports and third-party mismatches—how they lead to audits 7:46 The truth about audit risk: How rare are they, really? 8:43 Step one: How the IRS contacts you—don't fall for scams! 10:00 The one IRS form every taxpayer should file after moving 11:00 The biggest mistake taxpayers make—what NOT to say in an audit 15:32 The worst-case audit scenarios and how to avoid them 16:49 Why even a low-risk audit could turn into a criminal case 17:24 Who should represent you in an audit? CPA vs. tax attorney debate 21:38 What happens at the end of an audit—how decisions are made 22:47 How to challenge an IRS audit decision and file a protest letter

As an entrepreneur, you work hard to generate revenue. Many businesses focus on sales to drive that revenue. But, what are you doing to keep more of that money? THE BOOK ON SELLING I love learning the nuances of selling. In fact, I just finished another book on it. We talk a lot about connecting with other experts and the power those connections hold for your growth. This book came to me from connections. One of my former coaches introduced me to her daughter as a joint venture partners. Her daughter introduced me to the leader of her mastermind. The leader of the mastermind connected me to a sales expert who was another member of the mastermind. That expert is Joe Pallo. He wrote a great book on selling called "How To Sell Nothing – The Logical Way To Make The Emotional Sale". In the book, Joe talks about learning about the prospect before the sales conversation. It's a lot about relationships and very similar to what we discuss here. WHERE DOES THE MONEY GO? As we generate revenue from our sales, we tend to allocate that revenue to a variety of expenses. But, do you know where your money is going? Why is it that people making $40k a year live paycheck-to-paycheck and people making $120k a year also live paycheck-to-paycheck? It's because our expenses creep up as our income increases. We think we could never live without something that we never dreamed of having when we were making half or a third of what we are making now. Unless you deliberately tell the money where to go, it will all disappear. Many entrepreneurs start their company on a shoestring budget. I started this company on $500 for a website, some podcasting tools, and a couple other things. As entrepreneurs make more money, they begin spending on things like marketing, virtual assistants, and memberships. How many memberships do you have? Which ones are you really using on a regular basis and getting benefit from? Back when you were making no money, you hustled and spent time instead of money. You made it work, because you didn't have the money to spend on marketing. Now, I'm not saying don't invest in marketing or powerful tools to help you grow your business even faster. I'm simply suggesting you invest that money with a purpose. Do you really need a second mastermind or third AI tool? KEEP MORE OF YOUR MONEY When it comes to spending money, I'm a big proponent of investing money where it can help you grow bigger and faster with focus. One of those ways is finding an expert who knows the space much better than you and can help you shorten the timeframe to reach success. Experts can typically show you what you don't know and help you discover solutions faster. I use coaches and experts for very specific purposes. I don't have a business coach. That is too broad. At this point, I have a sales coach and a marketing coach. They help me in very specific ways. Another expert I use is my accountant. I don't do my taxes, because I have no interest in learning all of the tax code, I don't know what I can write off properly, and I don't want to spend the time trying to figure it out. A good accountant can help you keep more of your money by finding the leaks in your bucket. You work hard to generate the revenue. It's time you start working a little harder to keep it. YOUR MONEY EXPERT Today, I want to help you get started. I want to bring you a conversation I had with Ralph Estep Jr. He is the host of the Ask Ralph Podcast where he shares insights on finance, taxation, and entrepreneurship and helps entrepreneurs manage money God's way. He has some incredible tips for you to help you keep more of your money. Ralph V. Estep, Jr. is a multifaceted professional whose career spans accounting, entrepreneurship, farming, and media. With a background in finance and technology, he founded Saggio Management Group and has held leadership positions in various organizations. This interview was part of my Podcast Profits Summit. Grab something to take notes with and get ready to keep more of your money. Enjoy my conversation with Ralph Estep. Jr. Be sure to grab Ralph's gift. It is "Keep more of your money with 5 accounting tips most entrepreneurs miss". You can download it at https://www.askralphpodcast.com/5tips.   If you don't have a mentor who can take your hand and walk you every step of the way, go to www.PodcastTalentCoach.com/apply, click the button and apply to have a chat with me. We will develop your plan and see how I can help and support you to achieve your podcast goals.

Welcome to Episode 201 of The Numbers Game. Tax time can be stressful enough without the changing legislation and additional pieces to be on top of after a significant change in life etc. in this episode, we go through some common tax mistakes that are easy, but costly, to overlook. Learn about the complexities of home office claims, vehicle expenses, rental property deductions, and the importance of keeping accurate records to avoid issues with the ATO.On this episode, we discuss:Home Office Claims Vehicle Expenses and Logbooks Rental Property Deductions Income Matching and Cryptocurrency Medicare Levy and Private Health InsuranceCheck out the free resources from Inovayt here.Send us an email: hello@thenumbersgamepodcast.com.auThe Numbers Game is brought to you by Future Advisory & Inovayt.Hosts:Nick ReillyJason RobinsonMartin VidakovicThis podcast is produced by VIDPOD.

In this podcast episode, we discuss how to ensure your business is sales tax compliant. Our featured guest on the show is Matthew Campbell, co-founder at breezyfile.com.Topics discussed in this episode:What are the main requirements for sales tax complianceHow does Shopify help merchants with sales tax complianceWhat makes the US sales tax system tricky for non-US sellersHow do penalties work for not following sales tax rulesLinks & ResourcesWebsite: https://www.breezyfile.com/Shopify App: https://www.breezyfile.com/embedded/loginLinkedIn: https://www.linkedin.com/in/matthewedwardcampbell/Get access to more free resources by visiting the podcast episode page att.ly/16h1BSubscribe & Listen Everywhere:Listen On: ​ecommercecoffeebreak.com | Apple Podcasts | Spotify | YouTube | PoduramaBecome a smarter Shopify merchant in just 7 minutes per weekOur free newsletter is read by 6,402 busy online sellers, marketers, and DTC brands building successful businesses with Shopify. We scour and curate content from 50+ sources, saving you hours of research and helping you stay on top of your ecommerce game with the latest news, insights, and trends. Every Thursday in your inbox. 100% free. Sign up at https://newsletter.ecommercecoffeebreak.com

Thursday (pt 1 of 2): On today's Late Riser's Podcast, we still have a few copies of Hip Deep in Hip Hop.. - Mr. Haney has a new business plan called High Tech Haney.. - Gary Busey writes another entry into his diary - this time recapping his recent tax audit.. - Doug Rice pulls up to the mic and updates us on the week in NASCAR.. - The Weenie Whacker Song gets a requested play.. - and our agent Murray is pitching some politically correct superhero ideas.. ℗®© 2024 John Boy & Billy, Inc.See omnystudio.com/listener for privacy information.

Thursday (pt 2 of 2): On today's Late Riser's Podcast, we still have a few copies of Hip Deep in Hip Hop.. - Mr. Haney has a new business plan called High Tech Haney.. - Gary Busey writes another entry into his diary - this time recapping his recent tax audit.. - Doug Rice pulls up to the mic and updates us on the week in NASCAR.. - The Weenie Whacker Song gets a requested play.. - and our agent Murray is pitching some politically correct superhero ideas.. ℗®© 2024 John Boy & Billy, Inc.See omnystudio.com/listener for privacy information.

Number one way to avoid a tax audit? Get organized. WWJ's Murray Feldman has more tips. 

A new poll shows too many of you are worried about getting flagged by the IRS for an audit. Debbie gives listeners the odds of getting audited... and what deductions can flag your return for an audit. 

What is your risk of getting audited and what are the top 5 triggers? Jay LiebermanLieberman Realty Group, Inc. Keller Williams Realty World Class (California) DRE#01874717 (North Carolina) Lic#341300 CA Lic Attorney 179687jay@LiebermanRealtyGroup.com

Meet Leslie Fitzgerald, a seasoned real estate entrepreneur with a remarkable track record spanning almost three decades. With a profound passion for real estate and design, Leslie has masterfully managed and owned an impressive portfolio of multi-family properties, strategically leveraging her expertise to create thriving investment ventures.In this episode, we talk about: Leslie's journey as an experienced real estate investor and her pivot to US investments due to unfavorable tenant laws in Canada.Poor record keeping can lead to issues with the Canada Revenue Agency (CRA), as Leslie experienced firsthand.Being proactive about record keeping can save investors from complications during audits or legal disputes.The requirements for claiming educational expenses and how they need to be directly related to an active business operation.How accountants play a crucial role in understanding short-term and long-term financial strategies, especially when dealing with deductible expenses like education costs.Tune in to the Let's Get Real Estate Podcast to gain invaluable insights into navigating tax-related issues in real estate investing!About LeslieRenowned for her expertise in the Buy, Rehab, Rent, Refinance, Repeat (BRRR) method, Leslie has perfected the art of acquiring undervalued properties, revitalizing them through strategic renovations, and subsequently renting them out to secure a consistent stream of income. Her unparalleled experience in the BRRRR method has not only yielded impressive financial gains but also solidified her reputation as a trailblazer in the industry. Throughout her journey, Leslie has not only accumulated wealth but has also garnered a wealth of knowledge, insight, and foresight into the dynamic real estate landscape. Her commitment to innovation and adaptability has enabled her to navigate market fluctuations, consistently staying ahead of the curve. As a visionary leader in the real estate realm, Leslie continues to inspire both seasoned investors and newcomers alike. Her accomplishments stand as a testament to the power of strategic thinking, dedication, and a relentless pursuit of excellence in the world of real estate investment.Connect with LeslieFacebook - https://www.facebook.com/leslie.fitzgerald.73?mibextid=ZbWKwLConnect with Danielle ChiassonWebsite: https://strategicsuccessconsulting.comLinkedIn: https://www.linkedin.com/in/daniellechiasson/Facebook: https://www.facebook.com/DaniChiassonInstagram: https://www.instagram.com/letsgetrealTikTok: https://www.tiktok.com/@danichiassonBook in a call: https://calendly.com/strategicsuccess/lets-get-real-estate-20-min-chatListen in and subscribe for more.You can also leave us a review and of course, don't forget to share. I'm sure there are real people in your network who can take advantage of what they're going to learn from the show.Interested in becoming a guest on the show? Email admin@letsgetrealpodcast.com with the Subject: I want to be a guest! OR simply fill out: https://letsgetrealestatepodcast.com/be-a-guest/. 

Today's episode on China Business Pain Points is 'How to avoid a tax audit'---------------------------Connect with Kristina Koehler-Coluccia, Head of Business Advisory at Woodburn Accountants & Advisors on LinkedIn here.---------------------------Thrive in China RoundtableGeared towards international companies selling to China who want to systemize & scale their China business. Each week Kristina Koehler-Coluccia hosts a complimentary deep dive into a market entry strategy or implementation guideline that will help you protect and grow your China business.If you are looking to create a solid foundation for your China business and learn how to grow and scale quickly then you can register here. ---------------------------Can Woodburn help you? I am offering a free 30mins call where we discuss the obstacles you are encountering on your China business journey and how we can help accelerate your success. Book a call here.

**FREE Analysis of your business:https://incitetax.com/free-cash-analysis/**9 Expense Questions:https://incitetax.com/9-expense-analysis-questions-sign-up/Profit First is used by Incite Tax and now taught by our accountants to other business owners. This system had an influence in Incite Tax's revenue growth of 492% in 2023. Come along as John Briggs, Incite Tax's CEO, explains the 7 steps of implementing Profit First in your business!Help your dollars work for you, so you can live the life now that you are saving for later.Profit is a choice. Have the courage and discipline to make it happen!And remember...the #IRSSUCKSJohn Briggs | Tax Geniusinfo@incitetax.com801-999-8295Schedule a Callhttps://incitetax.com/introCheck out our InciteFUL Profit Podcasthttps://www.buzzsprout.com/1776114Follow us on…https://facebook.com/incitetaxhttps://linkedin.com/company/incitetaxhttps://instagram.com/incitetaxhttps://twitter.com/incitetax.....Incite Tax, IRSsucks, Bookkeeping, Cleaning Books, Tax Strategies, Tax Strategist, Small Business, Utah, Accountants, CPA, More Wealth, Tax Deductions, Make More Money, Tax and Accounting, Tax Hints, Pay Less Taxes, Tax Audit, Tax Red Flags, Tax Return, Profit First, Taxes, Profit, Money, Business Owner,John Briggs | Tax Geniusinfo@incitetax.com801-999-8295Visit our website @ Incite Tax Schedule A CallIRS Sucks T-shirts now for sale @ Incite Shop Follow us on…FacebookLinkedInInstagramTwitterYouTube

Get the inside scoop on the world of IRS tax processes with our esteemed guest, Joe Mastrianoo from taxproblem.org. Gain an understanding of Joe's unique insights and strategies, including his foolproof four-part audit prevention checklist. You'll come away appreciating the intricacies of IRS codes, regulations, and discerning which receipts to hold onto for deductions.As we journey through this discussion, Joe demystifies the concept of the discriminant income function (DIF score) used by accountants to evaluate your average contributions. You'll learn why tax deductions are vital and how filing an extension could be your saving grace. Investors, pay attention to Joe as he advises on taking every possible deduction that can be substantiated, providing justification for exceptional expenses.We'll also broach the chaos in the IRS that ensued from the onset of COVID. Joe underscores the importance of a professional review on your return to ensure it withstands an audit. We'll weigh the potential costs and benefits of filing taxes with the IRS and the consequences thereof. Wrapping up, Joe emphasizes the cruciality of offering evidence to the IRS to steer clear of penalties. Don't miss out on this episode- it's a treasure trove of wisdom on navigating the IRS tax process and warding off potential issues. 0:02:25 - Maximizing Tax Return Accuracy and Protection 0:07:42 - Benefits of Filing Taxes in October 0:12:01 - Navigating Business Expenses and Tax Returns 0:16:48 - Tax Return Documentation and Cost Analysis 0:19:51 - Navigating IRS Audits and Tax Preparation0:24:18 - Challenges and Advice for E-Filing Taxes 0:31:59 - Focus and Avoid Distractions 0:36:03 - Focus and Productivity in Daily Goals Hosted on Acast. See acast.com/privacy for more information.

This week I am joined with Christine where we discuss all things tax, audit and joining the workforce as a young graduate. Christine had joined me in a prior episode and to date, it has been one of my most popular listens!! Thus, we decided to host a mini-series to discuss similar topics and hopefully educate others as best we can on the world of tax, accounting and corporate life in general. This is the first episode of a six-part series so we hope everyone will be able to take something from at least one of the episodes. Each episode will focus on something different and to begin, we felt it necessary to give a little intro and background on ourselves, elaborate on one's choices after college- should they wish to pursue a career in either tax or accounting and how it is we chose between big four vs small firm practise for our training. Really hope you enjoy and be sure to share!! Wishing you nothing but the best in life, SSS X Instagram Soulfulsavvysister: @soulfulsavvysister | Instagram Christine Kearney: Christine | Tax Consultant (@lifeby.ck) | Instagram

  On this episode Dan and Donnie discuss areas of exposure for tax audits and why this is one part of your business where you don't want to roll the dice. They cover some of the most common risks related to income tax, payroll and sales and use tax audits.   Hosts:  Dan Gordon, PCO Bookkeepers & M&A Specialists Donnie Shelton, Triangle Home Services  

Send us a text message! But please include your email or a way to get in touch with you. This feature is not two way! This episode will empower you to maintain accurate records and stay on the right side of the IRS.Prepare for an enlightening episode as our resident Bookkeeping Mensch, Paul Rosenblum, pulls back the curtain on tax audits. Discover the meticulous process auditors follow to ensure a perfect harmony between 1099's and financial records. Even the slightest discrepancy can cause tax liabilities but Paul is here to make sure you know enough to keep this from happening to your business. You're in good hands! 

5.19.2023 #RolandMartinUnfiltered: Black & Tax Audit, SC Critical Race War on Education, Jordan Neely Funeral, Remembering Jim Brown One of the greatest to ever hit the gridiron, Jim Brown, has died.  Our second-hour fo of the show will be dedicated to the man who quit the game at the height of his career and became a successful Hollywood actor and influential activist at the peak of the civil rights era. Did you know that black people are five times as likely to be audited by the IRS?  We'll explain and speak with an IRS-registered tax preparer about what you can do to protect yourself. South Carolina has joined a list of states who have waged war on education by banning CRT.  Columnist Michael Harriot has written an article about the attacks on education and the first black superintendent in South Carolina.  He will join us to discuss South Carolina's target on black education. And Legendary Football and civil rights Icon Jim Brown passed away today. We will honor his life and speak to people who knew him.  Download the #BlackStarNetwork app on iOS, AppleTV, Android, Android TV, Roku, FireTV, SamsungTV and XBox  http://www.blackstarnetwork.com The #BlackStarNetwork is a news reporting platforms covered under Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research.See omnystudio.com/listener for privacy information.

Today I am talking about our state audit because it is finished. No Britt though, she was off with the kiddos. Use the link below to get to our Memorial Day Sale on the course! Get the course here: https://ringtorevenue.com/sales-page-memorialday**Links mentioned in this episode:**

Have you ever wondered what triggers a tax audit? From red flags to random selection, it's not always clear why the IRS chooses to investigate certain tax returns. In this episode, Jeff Dvorachek, a tax partner with years of experience in the field, sheds light on the audit process. He shares valuable insights on the factors that could lead to an audit, the types of items the IRS typically investigates, and important things to keep in mind if you've received a notice from the IRS that your tax return is being audited. Join us as we delve into the world of tax audits and learn how to navigate this often-intimidating process.

Alex Perny of Advanta IRA welcomes Neil Paulson, a seasoned investor, for a discussion about what to expect when audited by the IRS and how to handle it. Alex shares a market recap for 4/03/2023 and explains what OPEC (Organization of the Petroleum Exporting Countries) is. If you're interested in being a podcast guest speaker or have questions get in touch with us at Podcast@AdvantaIRA.com. Learn more about Advanta IRA: Website: https://www.AdvantaIRA.com/ LinkedIn: https://www.linkedin.com/company/Adva... Twitter: https://twitter.com/AdvantaIRA Facebook: https://www.facebook.com/AdvantaIRA/ Advanta IRA does not offer investment, tax, or legal advice nor do we endorse any products, investments, or companies that offer such advice and/or investments. This includes any investments promoted or discussed during the podcast as neither Advanta IRA nor its employees, have reviewed or vetted any investments, persons, or companies that may discuss their services during this podcast.  All parties are strongly encouraged to perform their own due diligence and consult with the appropriate professional(s) before entering into any type of investment. Note: What Is content is compiled from Investopedia.com.

Many of us feel a pit of dread in our stomachs when we think about the “A word.” That's right: tax audits. Did you know that not all audits are the same? Or that by keeping certain records you might avoid one all together? In this episode hosts Lauren and Daniel speak with comedian, actor, and TED Talk presenter Ed Reggi about his experience getting audited and the character he embodied to get through it. Then, they ask TurboTax Expert Matthew Fields about different types of audits, how the IRS determines who to audit, what to do if you missed a deduction, and most importantly, how to prevent going through this ordeal.   The views, information or opinions expressed during the Friends with Tax Benefits podcast series are solely those of the individuals involved and do not represent those of Intuit, TurboTax or any of its brands. The primary purpose of this podcast series is to educate and inform. This podcast series does not constitute financial, legal or other professional advice or services.

03/15/23 Sales Tax Audit Committee by City of Lawrence

Roger is a former banker, saleman and stay at home dad. He is in his late 60's. Most of his wealth has come since he was in his late 50's until now. He has a current net worth of $7.2 million.  ~25% is in Notes.   ~75% in equity in Real Estate.  35k monthly income with ~23k a month from real estate and ~12k from notes He also has 25k cash, 25k in T bills, 46k in a HSA.  We discuss IRS tax audit, his unique approach to renting to tenants and generational wealth amongst other topics. www.shopify.com/unveiled 

Organizations operating in Germany with 20 or more employees may find themselves subject to an employment tax audit. Tune in as Vialto's Marco Libudda and Anna Liepelt discuss what's reviewed in an audit, how organizations should prepare, and what they can do to mitigate risk.

The Canada Revenue Agency and the Ministry of Finance govern employers' responsibilities related to their employment-related tax obligations. Join our host Greg Fetter, as he and Vialto's Nicole Nazareth and Steve Shek discuss what tax authorities are focused on, and make practical suggestions on how organizations can effectively manage the risks associated with an audit in the world's second-largest country. 

Trump tax audits required by IRS were delayed, but his taxes are about to be released. Update: Harvey Weinstein is finally convicted. Update: former cop sentenced to 11 years for killing Atatiana Jefferson and much moreHost: Ben GleibCo-Host: A.B. Burns-Tucker*** Indisputable, features Dr. Richey talking about the top news stories of the day, reading viewer comments, and engaging in debates and conversations with guests.Help support our mission and get perks. Membership protects TYT's independence from corporate ownership and allows us to provide free live shows that speak truth to power for people around the world. See Perks: ▶ https://www.youtube.com/TheYoungTurks/joinSUBSCRIBE on YOUTUBE: ☞ http://www.youtube.com/IndisputableTYTFACEBOOK: ☞ http://www.facebook.com/IndisputableTYTTWITTER: ☞ http://www.twitter.com/IndisputableTYTINSTAGRAM: ☞ http://www.instagram.com/IndisputableTYTTWITCH: ☞ http://www.twitch.com/tyt

In part 2 of the Lavelle Law series on taxes, Managing Partner Ted McGinn and Shareholder Timothy Hughes discuss ways to address a tax debt. There are several options available based on the conditions of the debt. Learn more about them in this discussion.

In this week's installment of the "So You Want to Be a LIHTC Developer" series, Michael Novogradac, CPA, is joined by Novogradac partner Christina Apostolidis, CPA to discuss keys to successfully meeting tax, audit and investor deadlines for low-income housing tax credit (LIHTC) properties. They discuss the tax and audit requirements, then look at the importance of hiring an experienced tax credit accountant, establishing the timeline and communication protocol, being ready for surprises and how to recap after busy season.

In this week's installment of the “So You Want to Be a LIHTC Developer” series, Michael Novogradac, CPA, is joined by Novogradac partner Christina Apostolidis, CPA to discuss keys to successfully meeting tax, audit and investor deadlines for low-income housing tax credit (LIHTC) properties. They discuss the tax and audit requirements, then look at the importance of hiring an experienced tax credit accountant, establishing the timeline and communication protocol, being ready for surprises and how to recap after busy season.

Why are certain individuals or businesses selected to be audited by the IRS? If you receive notification of an audit, how do you proceed? Join Lavelle Law attorneys Ted McGinn and Timothy Hughes as they discuss the audit process in part one of a new 3-part series on tax audits.

09/29/22 Sales Tax Audit Committee by City of Lawrence

What will you do to protect your assets if someone sues you?As a real estate investor, it's not sufficient to focus solely on your investment properties. You need to have a comprehensive outlook of your situation from a legal asset protection perspective and tax savings and financial planning perspectives.In today's episode, Lane is joined by Clint Coons from Anderson Law Group to elaborate on asset protection, legal entities, cost seg, K1, tax audits and why it is vital to have a solid entity structuring plan. Hear it straight from the legal expert!To learn about the investment strategies that we do inside our mastermind group, join our club at https://simplepassivecashflow.com/club. Hosted on Acast. See acast.com/privacy for more information.

#053 - On this episode we have Tax Attorney Claudia Moncarz.  She's gives us insight into how to handle Tax Debt and the steps to take if you have been audited by the IRS. Connect with Claudia at www.moncarzlaw.com Connect with Mayra at https://DebtFreeLatina.com  Follow Mayra on Instagram at @mayra.alejandra.garcia and @debtfree.latina

What will you do to protect your assets if someone sues you? As a real estate investor, it's not sufficient to focus solely on your investment properties. You need to have a comprehensive outlook of your situation from a legal asset protection perspective and tax savings and financial planning perspectives. In today's episode, Lane is joined by Clint Coons from Anderson Law Group to elaborate on asset protection, legal entities, cost seg, K1, tax audits and why it is vital to have a solid entity structuring plan. Hear it straight from the legal expert! To learn about the investment strategies that we do inside our mastermind group, join our club at https://simplepassivecashflow.com/club.

Christina Lael is a Certified Public Accountant, an attorney, a Certified Tax Planner, and a self-proclaimed “tax nerd.” She reads case law like some people binge-watch Netflix and gets excited when she discovers anything new. Apart from spending time with her family and playing golf or tennis, nothing gives her more pleasure than seeing the reaction her clients have when she demonstrates how much their new tax plan will save them.She is positively obsessed with helping clients structure their businesses in a way that legally saves them the maximum in taxes, funds their retirement accounts quicker, and avoids astronomical taxes when/if they sell.Christina is one of only 60 tax coaches certified by the American Institute of Certified Tax Planners™, the premier organization providing ongoing education in proactive tax-planning strategies.Christina is a frequent guest on popular podcasts, frequently speaks on changes in tax regulations, has released the book Thinking Outside The Tax Box, and is a popular instructor for several continuing education providers.Learn more: https://freedomtax.ioInfluential Entrepreneurs with Mike Saundershttps://businessinnovatorsradio.com/influential-entrepreneurs-with-mike-saunders/Source: https://businessinnovatorsradio.com/interview-with-christina-lael-tax-attorney-with-freedom-tax-plans-discussing-how-to-successfully-pass-an-irs-tax-audit

Christina Lael is a Certified Public Accountant, an attorney, a Certified Tax Planner, and a self-proclaimed “tax nerd.” She reads case law like some people binge-watch Netflix and gets excited when she discovers anything new. Apart from spending time with her family and playing golf or tennis, nothing gives her more pleasure than seeing the reaction her clients have when she demonstrates how much their new tax plan will save them.She is positively obsessed with helping clients structure their businesses in a way that legally saves them the maximum in taxes, funds their retirement accounts quicker, and avoids astronomical taxes when/if they sell.Christina is one of only 60 tax coaches certified by the American Institute of Certified Tax Planners™, the premier organization providing ongoing education in proactive tax-planning strategies.Christina is a frequent guest on popular podcasts, frequently speaks on changes in tax regulations, has released the book Thinking Outside The Tax Box, and is a popular instructor for several continuing education providers.Learn more: https://freedomtax.ioInfluential Entrepreneurs with Mike Saundershttps://businessinnovatorsradio.com/influential-entrepreneurs-with-mike-saunders/Source: https://businessinnovatorsradio.com/interview-with-christina-lael-tax-attorney-with-freedom-tax-plans-discussing-how-to-successfully-pass-an-irs-tax-audit

There's a lot of talk about student loan debt and the rising cost of college education.  One tax effective solution for clients who want to help their children or grandchildren with this rising cost is a 529 plan.  In this episode, our guest David Oh will review the basic rules of 529 plans and discuss what clients should consider when setting up such plans. He will also examine the tax and financial differences between 529 plans and other gifting options.  David Oh (Trust Counsel and Managing Director for Fiduciary Trust International of California) is a senior trusts and estates advisor with broad experience in estate planning and trust administration. He advises clients on matters including tax planning, tax compliance, wealth transfer techniques, and charitable strategies. He earned a Master of Laws (LLM) in taxation at Boston University School of Law, Juris Doctor from University of the Pacific, and Bachelor of Arts in legal studies from University of California at Berkeley. He is a Certified Specialist in both Taxation Law as well as in Estate Planning, Trust and Probate Law by the State Bar of California. David sits on the boards of Continuing Education of the Bar and the Estate and Gift Tax committee of the California Lawyer's Association.  David can be reached at: david.oh@ftci.com David also presented a webinar entitled 529 Plan Basics for Estate Planning, which can be found here: Education – California Lawyers Association (calawyers.org) Host Anna Soliman is Trust Counsel and Managing Director for Fiduciary Trust International of California out of the Los Angeles Office. Prior to joining Fiduciary Trust International, Anna was an estate tax attorney for the Internal Revenue Service and also worked in private practice, specializing in estate planning and trust administration for ultrahigh net worth individuals.  She is also a TEXCOM member and is involved with the Fiduciary Income Tax Section of the American Bar Association. Trust Me is Produced by Foley Marra Studios.Thank you for listening to Trust Me!

WARNING! This episode of Maude dealt with sexual assault. If this is an issue that is troubling for anyone, we understand if you choose not to listen. In this week's podcast, Tom Catt and Toni Homeperm review Season 2 Episode 21 of Maude, entitled "The Tax Audit".  In this episode, Walter is getting audited by the tax department, Maude recognizes the auditor as the man who tried to attack her 31 years ago.Follow us on: Instagram @FindlaysFriendlyAppliancesYouTube and Facebook @God'll Get You For That WalterEmail us at FindlaysFriendlyAppliances@gmail.comFollow Tom Catt on all social media @thattomcatt and at www.thattomcatt.comFollow Toni Homeperm @Facebook & YouTube: Toni HomepermInstagram, TikTok & Twitter:@tonihomeperm

In this episode of Retirement Unlimited, Randy dives into What Could Trigger a Tax Audit in the Retirement Update. Next, Randy reviews Inflation and Stagnation in Tactical Asset Management. Lastly, Randy delves into How to Safely Tap Home Equity During an Emergency in News You Can Use.

One of the pieces of my tax practice that I do not often highlight on this platform is my work in "tax controversy" or "tax litigation".  A huge part of my practice is helping taxpayers navigate through audits, and appeals to the Tax Court of Canada.   Sometimes, the world of audits and appeals can seem a bit "mysterious".  There is also a huge fear associated with receiving communication from Canada Revenue Agency.  The best way to combat fear is with knowledge.  So in today's episode, I am chatting with my guest about three key areas that typically attract a lot of audit activity - and what you can do to prevent an audit in these areas (or at least prepare yourself should one arise).  First, we tackle "shareholder loan accounts" (8:04), then we move on to the dreaded "net worth audit" (17:38), finishing off with a lively discussion on "input tax credits" and what you need to know about your GST filings (27:17).   RESOURCES DISCUSSED IN THIS EPISODE Stories Podcast: https://podcasts.apple.com/us/podcast/stories-podcast-a-bedtime-show-for-kids-of-all-ages/id948976028  GST/HST Registry Search: https://www.businessregistration-inscriptionentreprise.gc.ca/ebci/brom/registry/pub/reg_01_Ld.action    MORE FROM DEAN Website: https://www.blachfordtaxlaw.com/   The Blachford Brief: https://www.blachfordtaxlaw.com/insights/8dt7yc9zh52rbeb  LinkedIn: https://www.linkedin.com/in/dean-blachford-57042a44/  MORE FROM AMANDA The Tax Chick Blog - https://taxchickca.wordpress.com; Connect with me by email: thetaxchickpodcast@gmail.com LinkedIn: https://www.linkedin.com/in/amandasadoucette    Instagram: @tax.chick Sign up for my Newsletter, "Musings of a Tax Chick": http://eepurl.com/hNbXcb  

01/19/22 Sales Tax Audit Committee by City of Lawrence

Our guests for this episode are two former IRS Estate and Gift Tax Attorneys, Eva Wolf and Michael Perlmutter. Eva and Michael will discuss the general audit process for Estate and Gift Tax returns. They will also cover common mistakes made based on their extensive experience in auditing hundreds of these returns.About Our Guests:Eva Wolf is currently a Senior Attorney in the Passthroughs & Special Industries division of the IRS Associate Office of Chief Counsel, where she advises IRS examination groups and taxpayers regarding the correct interpretation and application of federal transfer tax laws, in part by writing Treasury Regulations, PLRs, and CCAs. At the beginning of her legal career, she worked in the IRS Estate & Gift Tax division as an estate tax attorney. She then moved to private practice and, until a year and a half ago, she was a partner at Withers Bergman, and prior to that she was a partner at Mitchell Silberberg & Knupp – both in their Los Angeles offices. She is also an Adjunct Professor at Loyola Law School, where she teaches Estate & Gift Tax. She can be reached at: (202) 317-3893Michael Perlmutter is a licensed attorney, CPA and Valuation Specialist at Perlmutter Law and Valuation, Inc. Michael is an experienced valuation expert with an extensive 27-year career at the Internal Revenue Service as an Estate Tax Attorney, Revenue Agent and Valuation Specialist. His IRS career provided invaluable exposure to complex valuation issues involving a multitude of different assets. Michael has written IRS valuation related training materials, taught and mentored IRS attorneys, is a frequent presenter at seminars, and is also an instructor at UCLA Extension. He can be reached at: michael@perlmutter-law.comAbout Our Host: Host Anna Soliman is Trust Counsel and Managing Director for Fiduciary Trust International of California out of the Los Angeles Office. Prior to joining Fiduciary Trust International, Anna was an estate tax attorney for the Internal Revenue Service and also worked in private practice, specializing in estate planning and trust administration for ultrahigh net worth individuals.  She is also a TEXCOM member and is involved with the Fiduciary Income Tax Section of the American Bar Association.  Thank you for listening to Trust Me!

Want to learn the best defense against an IRS tax audit on your LLC? Here's are some tax deduction tips that can help you save you massive amounts of money on your taxes. In this video we discuss: Expert IRS Tax Audit Defense Inside An LLC Watch this video until the end to avoid overpaying Uncle Sam and to start making the most out of your real estate business! __________________________________________________________________________________________ Are you a business owner or real estate professional? Schedule a one on one call with me

Lindsay is joined by Steve Hanebutt, CPA and sales tax expert with Clarus Partners. Lindsay and Steve discuss key practices when dealing with sales tax, and how tax impacts interstate business. Plus, Steve details a common sales practice that he calls "worthless.   Contact Lindsay: info@sakline.com / 214-785-8489 (Dallas),  210-964-8414 (San Antonio) & 866-266-5738 (toll-free) / sakline.com   Contact Steve: stevehanebutt@claruspartners.com / 469-784-9604 / claruspartners.com

After owning my own businesses for over a decade now, I've learnt a lot of hard lessons, and today I share those with you. From losing $60,000 to realising I can't do everything myself, I open up about the ups and downs of being a business owner. ✨ Breakdown of the Episode: - Top 3 / Bottom 3Today's Topic: The Biggest Lessons I Learnt in Business- Getting caught up in other peoples version of success- Law/trademarking - Social Media - Postage/Shipping - Automatic imports- Self-packing & rushing - Self-publishing vs published - Tax Audit -6 Months closure - No tax invoice is a directors loan expense in the eyes of the ATO - The business' money is not your money- Getting caught up in making money and losing the purpose- without the purpose, the self-happiness will not be fulfilled. 

Would you be ready if your business got a sales tax audit? Lindsay is here to help get you ready!   Contact Lindsay: info@sakline.com / 214-785-8489 (Dallas),  210-964-8414 (San Antonio) & 866-266-5738 (toll-free) / sakline.com

Katie Fisher of KD Creative Balance mentors and teaches business owners how to take profitable action steps. Her students learn how to build their sales platforms, understand their numbers, and use online marketing strategies to make an impact.[ 3:26 ]  The importance of opening your mail[ 6:16 ]  The in-between place for bills and receipts[ 8:55 ]  Do what you can when you can[ 12:20 ]  Using a business credit card to track expenses[ 16:40 ]  Going from disorganization, to strict minimalism, to sustainable organization habits[ 20:41 ]  The fiscal benefits of opening your mail[ 22:01 ]  Organization styles at work vs. at home[ 23:33 ]  Don't over complicate your systems[ 23:56 ]  Best practices to help if you ever get auditedConnect with Katie FisherYou can learn more at KDCreativeBalance.com, follow her on Instagram @kdcreativebalance, or on Facebook at Creative Balance. Plus you can listen to her podcast  Behind the Books.Connect with Brittany SingerYou can reach Brittany on Instagram at @executiveorderpodcast  and Facebook at Executive Order Podcast  and on Twitter at @ExecOrderPod. If you have ideas for topics or guests you'd like to hear on the show please send a note through any of these channels.Connect with Zenia OrganizersYou can also learn more about Brittany's Organizing business at ZeniaOrganizers.com . If you're interested in getting support and assistance with getting your life or business organized once and for all send her a message at hello@zeniaorganizers.comInstagram: @ZeniaOrganizersFacebook: Zenia Organizers

Kalen Bruce of Money Mini Blog shares how to handle a personal tax audit. Episode 1049: How to Handle a Personal Tax Audit (From Personal Experience) by Kalen Bruce of MoneyMiniBlog on Dealing with IRS Kalen Bruce is the founder of MoneyMiniBlog. His story is simple… he and his wife were $24,000 in debt and became a student of finances to get out. They are now debt-free and building wealth. Kalen shares everything he has learned on his blog, writing informative, entertaining, mini blogs to help you with your finances. Finances can be intimidating, so he keeps his posts short, sweet, and simple. The original post is located here: http://moneyminiblog.com/taxes/personal-tax-audit/ Please Rate & Review the Show! Visit Me Online at OLDPodcast.com and in The O.L.D. Facebook Group and Join the Ol' Family to get your Free Gifts! Whether you're an experienced investor or new to the game, our friends at The Motley Fool want to help you find great stocks. Visit fool.com/optimalfinancedaily Learn more about your ad choices. Visit megaphone.fm/adchoices

sources of stories from today: https://www.one-tab.com/page/ZKIazff1SB61AHllLcuJTw ↓↓↓timestamps↓↓↓ 1:50 - Free BTC winner 2:49 - US SEC Postpones Decision Regarding Bitcoin Exchange Traded Fund 5:34 - Bitmain Hits $15 Billion Valuation With Recent Backing From Uber's Largest Shareholder 7:57 - Blockchain Startup Raises $24.8 Million to Bring Tax Auditing to Crypto Assets 11:04 - Microsoft's New Ethereum Blockchain Product Gets Rid of Mining 17:55 - South Korea: Police Raid Firm Whose Alleged Crypto Scam Promised Investors Shipwreck Gold Connect with us online at the following places: KRBE Digital Assets Group Website: https://krbecrypto.com/ Shop: https://shopkrbecrypto.com/ Newsletter: https://krbecrypto.com/join/ Services: https://krbecrypto.com/services/ About Us: https://krbecrypto.com/about/ KRBE Steemit: https://steemit.com/@krbecrypto SOCIAL  KRBE Twitter: https://twitter.com/krbecrypto KRBE Facebook: https://www.facebook.com/krbecrypto/ KRBE Instagram: https://www.instagram.com/krbecrypto/ King Twitter: https://twitter.com/KingBlessDotCom Bitcoin Zay Twitter: https://twitter.com/bitcoinzay   Donations welcome, but not necessary! Bitcoin: 1NTnWaGowHEh9VRWMXWTiqWpQT9vjP5Ukd Litecoin: LSc2bEAMEbGSHKx54GUt4xi1eZQqtscv8i   INTRO MUSIC: Still Tippin' (Instrumental) - Mike Jones OUTRO MUSIC:  June 27 (Instrumental) - DJ Screw   Thanks for listening and remember to subscribe for daily content where we give away free Bitcoin!   ***Not a whole Bitcoin, a few dollars USD worth*** ------------------------------------------------------------------------------------------------------------ **This is not financial advice. The expressed opinions in the video are of the speakers. You can lose all your money in the cryptocurrency market, so be sure to do your own research before investing.**