The Truth About IRS Agents and Getting Audited

Today, Shannon demystifies the intimidating process of IRS audits. Many fear audits, worrying about severe consequences like jail time, but Shannon is here to debunk these myths.   Using relatable analogies and real-world examples, she explains why audits are not as terrifying as they seem and clarifies the true role of IRS agents. Whether you're a seasoned entrepreneur or just starting out, this episode provides valuable insights and practical tips, empowering you to handle audits with confidence.   What you'll hear in this episode: 06:03 IRS audit requires detailed financial documentation. 08:07 Leave show review; okay back to findings. 12:28 IRS staff increases improved service quality. 16:08 Comprehensive resources bundle for new business owners.   If you like this episode, check out: The Truth About Tax Savings and Strategies Is Hiring A Tax Strategist For You? Simple S Corp Salary Guide for Beginners   Want to learn more so you can earn more? Transform your small business journey – download the Small Business $tarter Kit here. Visit keepwhatyouearn.com to dive deeper on our episodes Visit keepwhatyouearncfo.com to work with Shannon and her team Watch this episode and more here: https://www.youtube.com/channel/UCMlIuZsrllp1Uc_MlhriLvQ Connect with Shannon on IG: https://www.instagram.com/shannonkweinstein/   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.