audits

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Five Simple Steps to Help Prevent the IRS from Auditing You

Five Simple Steps to Help Prevent the IRS from Auditing You

By Guest| 2018-01-09T15:25:19-06:00 March 21st, 2014|

At the start of my tax career, I was like most people: terrified of an IRS audit. But due to the nature of my clients’ activities in real estate partnerships, I had to face audits head-on. (For example, there was the time a client bought a three-building apartment complex in Canada and one of the [...]

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Is Donating Your Car Worth the Tax Deduction?

Is Donating Your Car Worth the Tax Deduction?

By Guest| 2017-12-27T11:49:51-06:00 January 29th, 2014|

Whether they’re on the Internet, the radio, or TV, there are a lot of tax tips floating around. Not surprisingly, many of them aren’t worth following. Many people accept tax advice from all the wrong places rather than spending the money to hire a professional. This is a prescription for disaster—listening to bad advice could [...]