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cover of episode Debunking Tax Myths, Avoiding Audits and Maximizing Savings with Jasmine DiLucci

Debunking Tax Myths, Avoiding Audits and Maximizing Savings with Jasmine DiLucci

2024/11/6
logo of podcast All the Hacks with Chris Hutchins

All the Hacks with Chris Hutchins

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Jasmine DiLucci: 本期节目讨论了网络上许多税务建议的错误之处,并分析了其原因。许多网络税务建议的发布者对税法的理解仅限于表面,缺乏深入研究,导致建议错误。此外,税务法通常会关注实质内容,即交易的真实目的,而不是仅仅形式上的符合规定。即使是符合税法规定的支出,如果金额过大或缺乏充分的证据,也可能被税务机关拒绝。判断税务建议是否正确,需要综合考虑法律条文、法规、判例等多种因素,不能只看表面。雇佣子女作为商业支出抵税需要满足严格的条件,不仅要证明子女确实为公司工作并创造价值,还要提供充分的证据,例如雇佣合同、工作时间记录等。许多网络上的税务建议不适用于雇员,而只适用于企业主。评估网络税务建议的可靠性,需要咨询专业人士,并查阅相关法律法规和判例。即使是看似安全的税务策略,也可能在税务审计中受到质疑,因此需要谨慎处理。主动披露有争议的税务处理方式,可以降低税务处罚的风险。税务审计流程通常较为繁琐,审计人员的专业水平参差不齐,聘请专业税务代理人可以有效应对税务审计。税务审计通常会对纳税申报中的异常情况进行全面审查。信用卡交易记录可以作为税务审计中的证据,但需要结合其他证据进行判断。纳税申报中的一些情况容易引发税务审计,例如负数的附表C、巨额亏损、修改申报表等。IRS税务记录可以帮助纳税人检查税务申报的准确性,并及时纠正错误。如果税务机关延迟支付退款,纳税人可以获得利息补偿,但需要确保退款申请符合规定。为了最大限度地减少税务风险,纳税人应保持税务申报的简洁性和清晰性,避免引起税务机关的注意。W-2表格通常是准确的,而1099表格则经常出现错误,纳税人应仔细检查这些表格,并与IRS税务记录进行核对。 Chris Hutchins: 主要就一些税务问题和Jasmine DiLucci进行探讨,例如如何识别好的和坏的税务建议,以及税务审计的流程和应对策略。

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Chapters
Jasmine DiLucci discusses the prevalence of incorrect tax advice on the internet, attributing it to people misinterpreting tax statutes and not understanding the layers of tax law.
  • People often misinterpret tax statutes and make up their own interpretations.
  • Tax law has multiple layers including statutes, treasury regulations, and court cases.
  • Example of incorrect advice: deducting personal expenses like haircuts and clothing as business expenses.

Shownotes Transcript

#200: Take control of your taxes and save money with unique strategies from tax expert Jasmine DiLucci. Learn how to leverage IRS transcripts, identify misleading tax advice, and differentiate between personal and business deductions. We also cover common audit triggers and valuable tax planning advice for business owners.

Jasmine DiLucci) is a seasoned tax attorney, Certified Public Accountant, and Enrolled Agent with over a decade of experience. She specializes in tax controversy, litigation, IRS collections, payroll debt disputes, penalty abatements, and audit representation.

Link to Full Show Notes: https://chrishutchins.com/tax-savings-2024-jasmine-dilucci)

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Resources Mentioned

Jasmine DiLucci: YouTube) | Website)

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Full Show Notes

(00:00) Introduction

(02:09) Why There's So Much Bad Tax Advice

(05:17) Debating for Business Expenses vs. Personal Expenses

(07:36) Can You Hire Your Kids to Work for You?

(10:31) Ways to Identify Good and Bad Tax Advice Online

(14:07) What Actually Happens When You Get Audited by the IRS

(20:13) Do Credit Card Transactions Justify Receipts?

(21:32) Common Things That Would Flag Audits

(24:13) The Importance of IRS Transcripts

(28:55) What Happens When the IRS Delays a Payment

(30:33) Jasmine's Advice to Minimize Tax Penalties

(32:36) What Kind of Tax Documents Can Have Errors?

(34:44) Filing Using Tax Tool vs. Tax Expert

(38:55) Chris' EOY Tax Checklist

(43:41) Business Tax: Setting Up S Corps vs. LLCs

(45:07) Changes to Expect in the Near Future

(49:30) Where to Find Jasmine

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