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Audits

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Know the tax law to survive an audit

July 19, 2021

To get my complete, FREE articlewith all the details… Let’s face it. Nobody wants to fight the IRS. But if you’re going through an audit, and you’re convinced that the IRS is treating you unfairly, don’t roll over. Fight! Here’s how to come out a winner. Okay. The IRS is out to get you so you’ve decided to play David to the Government Goliath. The first thing … [Read more...]

How one subscriber saved $55,000 fighting an IRS audit

July 19, 2021

To get my complete, FREE articlewith all the details… One of our husband-and-wife subscribers to the Tax Reduction Letter had a big tax deduction denied by the IRS. But thanks to the advice they got in one of our issues, they were able to successfully win their appeal and keep their $55,000 deduction! Here’s the back-story. The husband and wife owned three … [Read more...]

Closed! The PayPal 1099-K Reporting Loophole

June 21, 2021

To get my complete, FREE articlewith all the details… Using PayPal, and similar payment services, can be a great way to pay bills and shop online. However, as the IRS discovered, when taxpayers use third-party settlement organizations (TPSOs) like PayPal, they can use a loophole in the law that makes it easy to avoid declaring income. Here’s how they did it. Under … [Read more...]

These Four Business-Mileage Rules Can Save You Big Money!

May 24, 2021

To get my complete, FREE articlewith all the details… If you drive for business purposes (and I bet you do!), my new article makes must reading. Why? Because you should know about four important IRS business-mileage rules… one of which will apply to you! If you have a home office, or even if you don’t, you should read my new article now! See my complete article … [Read more...]

Double Trouble: Disaster Strikes, Then You’re Hit with an IRS Audit

May 24, 2021

To get our complete, FREE articlewith all the details… Consider the following frightening scenario. Your office burns to the ground in a fire and you barely escape with your life. But did you also escape with your computer systems and paper records? I sure hope so. You see, if you don’t have backups of crucial documents, you could be in a world of trouble. Why? … [Read more...]

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