Remarkable Results Radio Podcast

Thanks to our partners, NAPA TRACS and PromotiveWelcome to this week’s episode of Business by the Numbers with Hunt Demarest, CPA. Today, we’re taking a deep dive into how certain actions or oversights could put you at risk for an IRS audit. By understanding these triggers, you can better safeguard your financial health and avoid unnecessary complications.Learn about common mistakes like underreporting income and how they can put you on the IRS’s radar.Discover how gambling winnings and losses can attract scrutiny.Explore why industries like art, wine, and horses often face extra attention from the IRS.Understand why amending a Schedule C return can almost guarantee an audit.Tips to avoid an audit, such as maintaining accurate documentation and working with knowledgeable tax professionals.Stay informed to protect your business and personal finances from unnecessary IRS scrutiny.Thanks to our partner, NAPA TRACS Did you know that NAPA TRACS has onsite training plus six days a week support?It all starts when a