Radio Show Archives
Listen to some of David’s previously recorded radio shows on business and tax tips.
Interacting with the IRS
Create a good relationship with the IRS
Be efficient when interacting with the IRS
File an appeal if you disagree with the IRS
Get help from the Taxpayer Advocate
Properly document your IRS correspondence
Tax News
There’s a new special tax deduction just for 2020 tax returns
Take advantage of the bigger meal deduction for 2021 and 2022
The Employee Retention Credit can provide employers with substantial credits
New option to qualify for the Earned Income Tax Credit
The new unemployment rule gives a big tax break
New favorable rules for covid related retirement withdrawals
General Information
File your tax return even if you can't pay the IRS
Be careful when hiring a tax professional
Amending returns for missed deductions
Advantages of E-filing if you owe the IRS
Tax Tips and Strategies
Work 2 half days and write off an 11 day vacation
There are tax-saving strategies that can save thousands of dollars each year
Great benefits from the home office deduction
Hire your spouse and save thousands of dollars without spending more money
Choosing the best type of business entity can save thousands of dollars
Deduct sponsoring a sports team
Rent from your spouse and save thousands in taxes
Commonly missed home office deduction
Paying your kids can save a substantial amount of taxes
Options If You Can’t Pay the IRS
If you owe the IRS, responding early may provide better alternatives
Settle for less with an offer in compromise
Partial pay installment agreement to settle for less than the full amount
Currently not collectible status stops IRS collection activity
Audits
Rounding dollars to zero can increase your chance of being ed
Mileage log can be a red flag during an audit