Podcasts about tax audit

Received IRS Notice CP22E? This notice generally means the IRS made changes to your tax return following an audit and those changes resulted in a balance due. In this video, I walk through the CP22E notice, what it is telling you, and what to consider depending on whether you agree with the changes, disagree with them, or simply can't afford to pay the balance.

This week on The Weekend Golf Guys, Tom and Jeff teamed up to remind golfers everywhere that your brain can wreck a round faster than a topped tee shot. They hammered home the idea that if you're not having fun out there, you're basically paying good money to be miserable — and that's just bad economics. Frustration, fear, and those wild expectations we all carry around? Yeah, those are the real swing killers.   Tom talked mindset, Jeff talked mechanics, and together they made one thing crystal clear: your setup and your patterns matter way more than whatever complicated nonsense you saw on YouTube at 2 a.m. Jeff even pulled out some wisdom from Dr. Bob Christina, explaining how your physical structure — the way you stand, balance, and move — shapes your swing more than any “try this one weird trick” tip ever will.   Then Jeff rolled out one of his classic lesson moves: he takes the golf ball away. Just removes it. Students freak out for a second, then suddenly start swinging like actual athletes instead of nervous wrecks trying not to embarrass themselves. No ball means no fear, no overthinking, no “don't shank this.” Just balance, motion, and a swing that finally makes sense.   Tom backed him up, pointing out that golfers don't need a dictionary of technical jargon. They need simple, practical stuff they can actually use — grip, stance, alignment, and a brain that isn't screaming at them. Keep it simple, and the swing gets better. Make it complicated, and the golfer gets worse. Every. Single. Time.   The show wrapped with Tom sharing how folks can reach him for instruction, and of course, we reminded everyone to subscribe, leave a review, and keep the game fun — because golf is hard enough without you turning it into a science project. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Zach Abraham joins Chicks on the Right to expose what he says is a politically motivated Washington state tax audit targeting him and conservative journalist Brandi Kruse. They break down the state's controversial income tax, alleged government lawfare, and why Zach refuses to back down—even if standing on principle comes at a personal cost. Schedule […]

Zach Abraham joins Chicks on the Right to expose what he says is a politically motivated Washington state tax audit targeting him and conservative journalist Brandi Kruse. They break down the state's controversial income tax, alleged government lawfare, and why Zach refuses to back down—even if standing on principle comes at a personal cost. Schedule your FREE risk review from Bulwark Capital at https://KnowYourRiskPodcast.comSubscribe and stay tuned for new episodes every weekday!Follow us here for more daily clips, updates, and commentary:YoutubeFacebookInstagramTikTokXLocalsMore InfoWebsite

Today on City Cast Portland, we're looking into the possible nepotism at Portland Public Schools related to a $61 million contract and what our city auditor has to say about Portland's beleaguered arts tax program. Plus, we're also diving into our mailbag and hearing from you, our listeners. Discussed in today's episode: Portland Superintendent's Daughter Lands Job With Firm Awarded $61M School District Contract (Oregonian) Portland Watchdog Skewers City's Arts Tax Program in Damning New Audit (Oregonian) Become a member of City Cast Portland today! Get all the details and sign up here. Who would you like to hear on City Cast Portland? Shoot us an email at portland@citycast.fm, or leave us a voicemail at 503-208-5448. Want more Portland news? Then make sure to sign up for our morning newsletter and be sure to follow us on Instagram. Looking to advertise on City Cast Portland? Check out our options for podcast and newsletter ads at citycast.fm/advertise. Learn more about the sponsors of this March 19th episode: D'Amore Law OMSI Discover Newport Association of Science Communicators

New evidence from Richmond's tax audit unveils costly rebate errors that could shake city finances; discover what this means for residents.See full article: https://www.unitedstatesrealestateinvestor.com/richmond-tax-audit-rebate-errors/Check out the Cyber Month 2025 Year-End Sale Now! https://www.unitedstatesrealestateinvestor.com/cybermonth2025/—Ready to kill the rat race?Listen, if you're sick of watching other people get rich while you keep grinding for scraps, this is your wake-up call.Right now, everyday people, not Wall Street, not billionaires, not trust-fund babies, are buying property, collecting rent, and stacking cash while you're stuck refreshing your bank app.You can keep working for money, or you can make money work for you.This free ⁠"Beginner's Guide to Real Estate Investing in 2025" will show you exactly how to start, even if you're broke, busy, or scared to death of losing a dime.It's short. It's simple. It's real.Go grab your copy right now before you talk yourself out of it. Start learning how real Americans are building wealth while everyone else keeps punching the clock.Download now: https://www.unitedstatesrealestateinvestor.com/freeguide/—Helping you learn how to achieve financial freedom through real estate investing. https://www.unitedstatesrealestateinvestor.com/

Send us a textMost S Corp owners follow the right steps, but still pay more tax than they should. A business earning over 300K can lose thousands simply by underusing core strategies.In this live case study, Mike Jesowshek, CPA, reviews a seven-figure business with an S Corp structure, a salary in place, and a record year of profit. You will see why this owner paid 30K in taxes and how that number can be reduced.If you feel like your tax plan has stopped working, this breakdown gives you a clear blueprint for moving from basic strategies into advanced tax planning.

Want to dive deeper into topics like this? Master your journey with Physician Empowerment's Masterclass Membership—your gateway to exclusive content, expert-led sessions, and actionable strategies to elevate your personal and financial well-being. Learn more and join us today! https://www.physempowerment.ca/masterclass—Dr. Wing Lim welcomes Masterclass Faculty Member and tax lawyer Jason Pisesky back to Physician Empowerment for a discussion on preparing for a tax audit. Jason focuses specifically on what Canadian physicians and incorporated professionals should consider and prepare for with their professional finance and tax partners. Jason states that with the Canada Revenue Agency becoming more sophisticated, well-staffed, and equipped with AI-driven mining tools, the chance of an audit has never been higher. Wing and Jason explore common audit triggers: anything from expense deductions like travel, car, and professional dues to Employment Insurance audits that target owner-operator corporations. The CRA has new powers, which Jason outlines, and they include the ability to compel oral interviews. There is a dispute resolution process as well, but it goes from initial audit through appeals to potential court action. Maintaining accurate corporate records, bookkeeping, and compliance documents is essential, and having the right team - general accountants, tax specialists, and lawyers - is important. The bottom line, as Wing and Jason emphasize, is to expect an audit, keep strong records, and don't face the CRA without professional representation. About Jason Pisesky:Jason is a tax lawyer with an international accounting firm, KPMG. His practice background is extensive and includes personal and corporate tax planning as well as litigation and dispute resolution. Whether you are scaling up your practice or winding it down, proper coordination between a tax lawyer and your accountant can ensure you're doing it right.__Physician Empowerment: Attend an upcoming Empowerment RetreatJoin the Physician Empowerment Masterclass nowWebsite: PhysEmpowerment.ca Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

AI agents may be arriving at tax, audit & accounting firms sooner than you'd expect. In the premiere episode of our new Clarity on Tech podcast series, we're exploring the world of agentic AI in tax, audit & accounting. What is it? How is it different from generative AI? And will there be an AI agent doing my tax research in the near future? In this podcast, he Thomson Reuters Institute's Zach Warren speaks with Michael Kim, Director of AI Integration and Customer Success at Thomson Reuters, who says the future is already here.

Ashleigh Searles, nationally recognized CPA and author of Startup 2 Success, reveals overlooked tax deductions (health insurance, self-employment tax) and audit triggers like excessive write-offs or underreported income for freelancers and remote workers.See omnystudio.com/listener for privacy information.

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

In this episode of iGaming Daily, supported by Optimove, Ted Menmuir, SBC's Content Director, joins Viktor Kayed, Senior Journalist for SBC News, to delve into recent breaking news from Italy and Romania.In Italy, the Senate is reviewing the Dignity Decree, which has imposed a ban on gambling sponsorships for six years, leading to significant financial losses for Italian football. Ted and Viktor discuss the potential for the new sponsorship code to revitalise the sector and consider the impact of the revenue from gambling sponsorships on Italian football.Meanwhile, in Romania, an audit revealed systemic failures within the National Office for Gambling, prompting calls for a criminal investigation. The conversation touches on how the implications of these findings could reshape the gambling landscape in Romania and impact the broader European market, as well as consider how the Romanian government will respond to the audit. To find out more about the topics discussed in today's episode, click on the following links:- https://sbcnews.co.uk/sportsbook/2025/02/26/italy-football-betting-ban/ - https://sbcnews.co.uk/europe/2025/02/25/romania-onjn-tax-ccr/  Host: Viktor KayedGuests: Ted MenmuirProducer: Anaya McDonaldEditor: James RossRemember to check out Optimove at https://hubs.la/Q02gLC5L0 or go to Optimove.com/sbc to get your first month free when buying the industry's leading customer-loyalty service. 

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.

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. 

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.

  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:**

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.

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!

Pandemic-related grants and tax credits are contributing to a tax season that is more complex than usual. WSJ contributor Lori Ioannou joins host J.R. Whalen to discuss some common mistakes by taxpayers that could raise red flags and lead to an audit by the IRS. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

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

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.