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its true we spent the last six months on this channel revealing all the ways we can help you save on taxes and claim every deduction and credit possible and now i want to help you avoid an irs audit although your chances of being audited in general are pretty low there are certain red flags that increase your odds dramatically and the irs loves catching them note that this video is for educational purposes and you should contact your attorney or legal professional for specific advice for your situation okay lets dive in [Music] welcome back to the channel im quran from life accounting where we help you increase profit and lower taxes and the first red flag on our list not reporting taxable income you see failing to report taxable income is likely the most common red flag there is it is also one that is easy for the irs to catch when you earn income from another business you typically receive either a w-2 or 1099 documenting that income but youre not alone because the irs also recei
