Hey ,
Tax season is upon us once again! While some might see it as a dreaded chore, I see it as an opportunity to empower you with knowledge and keep you out of trouble.
Today, I'm dropping some serious knowledge bombs on three shades of tax fraud you don't want to mess with, along with some insider tips to navigate the 2024 tax landscape like a boss.
Watch my full video here explaining the
three shades of tax fraud to avoid.
https://www.youtube.com/watch?v=B03gCJCQ1f8
What are the three shades of tax fraud discussed in this video?
- Claiming Other People's
Children
- Falsifying Business Income or Deductions
- Padding Deductions
So, how do you avoid these shades of fraud and claim your rightful tax benefits?
Here's my approved cheat sheet:
- Choose your tax preparer wisely: Credentials are great, but integrity and expertise are gold. Ask around, read reviews, and make sure your preparer feels like someone you can trust with your financial lifeblood.
- Keep it real with your records: Accurate bookkeeping is your best friend. Receipts, invoices, bank statements – gather them like a squirrel hoarding nuts for winter. When the IRS comes knocking, you'll be glad you
have your ducks (and receipts) in a row.
- Know your credits: Research, research, research! The IRS
offers a variety of credits for education, childcare, and even energy efficiency. Understanding what you qualify for can mean leaving more green in your pocket.
Please keep an eye out for more tips on my YouTube channel. If you need help with anything, head over to my website now and read more about what I can help you with.
Your favorite tax professional,
Folasade,
(202) 618-1295
[email protected]
