Latest / The Jeff Trapp Podcast
IRS Eyes on Taxpayers Earning Below $1M
A recent article reveals that over 80% of IRS audits target taxpayers making less than $1 million per year. As a business owner or high-income individual, you could be at risk even if you don't consider yourself ultra-wealthy. In this week's video, Jeff Trapp, founder of The Tax Planning Pros breaks down what's really happening inside the IRS and shares key tips to avoid catching their attention and triggering an audit. Jeff explains that while the IRS claims to use new funding to pursue high-net-worth individuals and large corporations, the data shows they actually go after "easier targets"…
The skinny
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