How to minimize the chances of an IRS Audit
What's covered:
• Step 1: Report every W-2, 1099 and K-1 you receive (the IRS gets a copy too)
• Step 2: Keep your deductions accurate and backed by source documents
• Step 3: Why losses year after year raise red flags • Bonus: Overall compliance, and only claiming credits you actually qualify for
Chapters: 0:00 Intro 0:23 Step 1: Report all your income 1:39 Step 2: Accurate expenses and source documents 2:22 Step 3: Show a profit 3:07 Bonus tip: Overall compliance 3:41 Only claim credits you qualify for
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