Episode 269: The Tax Game
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\\u201cEvery which way you turn, there is something different because of the tax law changes that have happened since 2020. It\\u2019s essentially an \\u2018If this, then that \\u2026 game\\u2019 and everyone is involved,\\u201d said Jon Sluis, CPA and owner of Intrust CPA in Traverse City, Michigan.
He joins us on the air today to explain exactly what he means by this statement. He will also discuss the most common IRS \\u201cred flags,\\u201d which include: virtual currency, child tax credit among divorced couples, and understanding ratios for business expenses. Those who get the most attention are either making more than $1 million or less than $40,000 a year.
Lastly, Sluis will discuss how getting audited by the IRS isn\\u2019t necessarily a \\u201cbad\\u201d thing.
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