Bulletproofing Your Business Part 1 - Setting Up Your Business for Success

There has been a lot of fear lately about the IRS, audits, and enforcement. Most of this fear can be attributed to fear-mongering, but the truth is that the IRS is catching up. They are updating their technology to bring it into this century and will start properly auditing again in the way they have historically and at a quicker pace. The good news is that it's possible to lower the likelihood of getting audited and make it nearly painless if you do end up getting audited. I'm here to help you through that.

In this five-part series, I unpack some of the shifts you can make as an entrepreneur and how these will decrease the likelihood of an IRS audit. In this first episode, I cover the elements you have control over and that you should establish from day one in your business.

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The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.