Navigating the Tax Jungle

In this episode, I discuss some of the tax deductions taxpayers took that were not allowed by the IRS. The list for this podcast came from the following websites. Turbo Tax : 7 of the Wackiest Illegal Tax Deductions Ever Claimed Wise Bread: 20 amazing, outrageous, and just plain weird tax deductions - Paul Michael

In this episode, I briefly discuss why tax preparers request previous year's tax returns, ghost preparers, and preparers who whant to use other preparers EFINs.

In this episode, I discuss a stepson who allowed his stepdad to use his name and SSN to set up a business that the stepfather ran. The stepson learned the stepfather didn't pay any tax liabilities when he received a tax notice from the IRS saying he was responsible for the tax liabilities since the liabilies was in his name.

In this episode, I discuss some of the topics that will be discussed in 2025.

In this episode, I briefly discuss ghost tax return preparers and why you should never hire a ghost tax return preparer to prepare your taxes. Navigating the Tax Jungle is a production of TWJ Media Group.

With April 15, 2024 fast approaching, it is time to begin thinking about filing an extension along with being in town to sign the return and make a extension payment if (necessary). An extension to file is not an extension to pay.

In this episode I discuss a tax client who went with a tax preparer who was cheaper only to find an IRS Revenue Officer and US Marshall standing at his door one day asking questions about the tax return that he had filed. England Financial Services Inc - More than an accounting firm. http://www.EnglandFinancialSvcs.com Navigating the Tax Jungle is a production of TWJ Media Group.

In this episode, I discuss the eight ways to reduce your tax liability like a millionaire.

In this episode, I discuss lowering your tax liability using capital gains and losses