What are 8 common reasons for getting audited by the IRS?

Ask Ralph - Christian Finance

Вміст надано Ralph V. Estep, Jr. and Ralph V. Estep. Весь вміст подкастів, включаючи епізоди, графіку та описи подкастів, завантажується та надається безпосередньо компанією Ralph V. Estep, Jr. and Ralph V. Estep або його партнером по платформі подкастів. Якщо ви вважаєте, що хтось використовує ваш захищений авторським правом твір без вашого дозволу, ви можете виконати процедуру, описану тут https://uk.player.fm/legal.

2M ago 21:25

MP3•Головна епізоду

Have you ever thought about what could cause an IRS audit? Tune in to this episode of the Ask Ralph Show with Ralph Estep Jr. as he discusses the topic of IRS audits. What are 8 common reasons for getting audited by the IRS? With Ralph Estep, Jr.

In this episode of the Ask Ralph show, host Ralph Estep, Jr. addresses the anxiety-inducing topic of IRS audits. He starts by delving into a listener's question regarding audit concerns for small business owners. Ralph outlines the 8 most common IRS audit triggers, including unreported income, home office deductions, excessive business expenses, and round numbers, sharing real-life client stories to illustrate the risks involved. He offers practical advice and strategies to avoid triggering an audit, emphasizing honesty, accurate record-keeping, and promptly responding to IRS notices.

00:00 Episode Overview

01:21 Listener's Question

03:26 Bible Verse

04:02 Top 8 Reasons for IRS Audits

17:38 Strategies to Avoid an IRS Audit

18:56 Conclusion

Prior Show (How do I prepare for an audit of my home office expenses?)

Schedule Appointment with Saggio Management Group, Inc. https://app.acuityscheduling.com/schedule/fabfb9f2/appointment/8258839/calendar/2141336?appointmentTypeIds[]=8258839

TAKE OUR LISTENER SURVEY - YOU COULD WIN $250

LISTEN NOW

WATCH NOW ON YOUTUBE (OUR VIDEO VERSION)

WATCH NOW ON RUMBLE (OUR VIDEO VERSION)

VISIT OUR ASK RALPH SHOW GEAR STORE FOR ALL KINDS OF COOL MERCHANDISE - ENTER THE CODE "FREEBOOK" FOR A FREE DOWNLOADABLE COPY OF MY BOOK "MASTERING YOUR FINANCES"

JOIN OUR FACEBOOK INSIDERS GROUP

Please share our Podcast with all your friends and family!

Submit your questions or ideas for future shows - email us at

ralph@askralph.com or leave a voicemail message on our podcast page

Leave A Voicemail Message

Like us on Facebook and follow us on Facebook at

https://www.facebook.com/askralphmedia Twitter (@askralphmedia) or visit www.askralphpodcast.com for more information.

To schedule a consultation with Ralph's team, contact him at 302-659-6560 or go to www.askralph.com for more information!

Buy Ralph's Book - Mastering Your Finances! on Amazon

Buy Ralph's Book - Gospel of Entrepreneurship: Following Jesus in Your Business Journey on Amazon

563 епізодів

#Business #Accounting #Advice #Finance #Financialadvice #Lifeadvice #Money #Planning #Ralph V. Estep, Jr #Religion #Christianity #Tax #Self-Improvement #Ralph V. Estep #Podcasting Education