IRS Red Flags Explained: When to Push and When to Protect
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IRS Red Flags Explained: When to Push and When to Protect
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Ever heard the term "IRS red flag" and panicked? You're not alone. In this episode of Hidden Money, Mike and Kevin break down the most common IRS red flags, what they actually mean, and how to approach them strategically.
You'll learn:
What qualifies as an IRS red flag
How smart tax planning can raise flags and still be legal
Which red flags are worth defending and which you should avoid
Real-world examples of deductions, losses, and business claims
Why documentation is everything when you're audited
This episode is a must-listen for:
Small business owners
Self-employed professionals
Freelancers and 1099 earners
Anyone wanting to reduce audit risk without leaving money on the table
Tune in, take notes, and start thinking about your taxes like a strategist.
Want help with your taxes? Visit us at revotaxpayer.com