Why You Should Always File Your Taxes
As a tax professional for many years, my advice is to always file your tax returns. But sometimes life happens and we find ourselves falling behind with lots of important things, especially filing your taxes. …
How to Report the New 1099K on Your Tax Return
Have you received the new 1099K this year and have no idea why you received one and what you’re supposed to even do with it? Well, you’re not alone. In this video, my viewer Dave …
5 FTX Financial Warning Signs of Failure Explained by CPA
FTX, once one of the largest and highly regarded cryptocurrency exchanges has filed for bankruptcy protection, and is alleged to have between 1 and 2 billion in client money unaccounted for. Here are my top …
5 FTX Financial Warning Signs of Failure Explained by CPA Read More »
IRS Auditing ERTC Tax Credit Fraud
Have you heard about Employee Retention Tax Credit fraud? You see a lot of pop-up companies, like ERC mills, promoting $26,000 dollar tax credits per employee, and how they’re getting businesses hundreds of thousands of …
What to Do When You Receive an IRS Letter?
What do you do when you receive an IRS letter? I get this question asked all the time, so I answer it in this video. My first piece of advice to clients who get a …
Your IRS Audit Chances Just Went Up | Inflation Reduction Act & IRS Tax Refund Update
The Inflation Reduction Act has passed and is now law. Does this mean your IRS audit chances just went up? The bill includes new funding for the IRS, with the majority going towards enforcement. Will …
Your IRS Audit Chances Just Went Up | Inflation Reduction Act & IRS Tax Refund Update Read More »
What Triggers an IRS Audit in 2022 | IRS Red Flags | Chances of Getting Audited
Have you ever wondered, what triggers an IRS Audit in 2022? Less than 1% of Americans will be audited by the Internal Revenue Service in the coming year, so what are your chances of getting …
What Triggers an IRS Audit in 2022 | IRS Red Flags | Chances of Getting Audited Read More »
Is A Luxury Watch a Tax Write Off? CPA Responds to Roman Sharf
Is a luxury watch a tax write off? In other words, can you deduct a luxury watch purchase as a business expense? Grey market watch dealer Roman Sharf of Luxury Bazaar made a video answering …
Is A Luxury Watch a Tax Write Off? CPA Responds to Roman Sharf Read More »
Top 5 Signs of an ERC Scam & ERTC IRS Audit Red Flags
In this video, I’ll go over the top 5 signs of an Employee Retention Credit scam, which not surprisingly are also IRS Audit Red Flags. Employee Retention Tax Credit Fraud is huge news and is …
Top 5 Signs of an ERC Scam & ERTC IRS Audit Red Flags Read More »