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Why Does the IRS AUDIT Sole Proprietors SO MUCH!
9 months ago
12
Wondering why the IRS audits sole proprietors more often than other business structures? In this video, we break down the reasons behind these higher audit rates and what you can do to reduce your risk. From common tax deductions and income reporting errors to what triggers an IRS audit, we’ll explore how you can stay compliant and avoid potential pitfalls as a sole proprietor. Whether you're self-employed or just starting a small business, understanding IRS red flags is key to protecting your business and staying stress-free come tax season.
#truelegacywealth #IRS #SoleProprietor #SmallBusinessTax #IRSRedFlags #TaxAudit #SelfEmployedTips"
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