On today’s episode, we’ll go over these four “tax hacks” and discuss the various opportunities present within each.
Topics Discussed:
- How the IRS is shifting resources after the Inflation Reduction Act—and what it means for you.
- The reality of the new IRS agent hires.
- How AI may change the amount of returns that are flagged.
- What the IRS tends to focus on and what they’re looking for.
- The legal gray areas in the tax code and the job of a competent tax preparer.
- Why you need to understand your tax classification.
- One of the biggest misconceptions we see about setting up an entity.
- What you need to understand about deductions.
- The tax credits that you should know about.
- The importance of timing strategies.
Resources Mentioned:
Tags
tax hacks, tax savings, IRS agents, IRS audits, tax audits, deductions, ER doctors, coverage, ER docs, emergency doctor, financial planning,
