The IRS Is Not Calling You
If you’re like me, you’ve received calls from the fake IRS. Your first instinct when “the IRS” calls you is probably that it’s a scam. But if you’re like a…
Your Accountant Receives Fake Robot IRS Messages Too!
You might be surprised to find out that your own accountant gets loads of threatening messages from the Fake IRS. The truth is, no one is immune. I heard from…
Do You Qualify for the Fuel Tax Credit?
The fuel tax credit is specifically for off-road use of gasoline or diesel. The credit is $0.184 per gallon. It represents a refund of highway maintenance taxes for fuel that…
Who’s Afraid of the Big Bad IRS Auditor?
The Inflation Reduction Act allocates $80 billion to the IRS so that it can increase the number of audits. As of June 25, 2022, the IRS returned to the office…
Pitfalls from Recent IRS Audits: Part 2
1. You didn’t properly document your business meals. Meals have some extra documentation requirements, above and beyond normal expenses. You have to be able to show the amount of the…
Pitfalls from Recent IRS Audits: Part 1
1. You diligently kept your mileage log, but the auditor wants more. We love apps like MileIQ* to help you keep your mileage log, but don’t stop there. Auditors will…
