))
IRS Red Flags: Audit Triggers for Construction Contractors
Manage episode 415470443 series 3314227
Contractor Success Forum द्वारा प्रदान की गई सामग्री. एपिसोड, ग्राफिक्स और पॉडकास्ट विवरण सहित सभी पॉडकास्ट सामग्री Contractor Success Forum या उनके पॉडकास्ट प्लेटफ़ॉर्म पार्टनर द्वारा सीधे अपलोड और प्रदान की जाती है। यदि आपको लगता है कि कोई आपकी अनुमति के बिना आपके कॉपीराइट किए गए कार्य का उपयोग कर रहा है, तो आप यहां बताई गई प्रक्रिया का पालन कर सकते हैं https://hi.player.fm/legal।
Are you putting yourself at risk for an IRS audit? What kind of things do the IRS target for contractors? We're breaking it down on the podcast this week.
Topics we cover in this episode include:
- Accounting method rules based on the type of contractor you are
- Contract-related services and advanced payments
- Things on the expense side that can trigger an audit
- Unreasonable compensation
- Charitable contributions
- Misclassification of workers
- Unusual transactions
- Drastic changes in expense classification from one year to the next
LINKS
Visit the episode page at https://carpentercpas.com/audit for more details and a transcript of the show.
Join the Profit First for Construction community!
Find all episodes and related links at ContractorSuccessForum.com.
Join the conversation on our LinkedIn page: https://www.linkedin.com/company/CarpenterCPAs
FIND US ONLINE
Wade Carpenter, CPA, CGMA | CarpenterCPAs.com
Stephen Brown, Bonding Expert | SuretyAnswers.com
अध्यायों
1. IRS Red Flags: Audit Triggers for Construction Contractors (00:00:00)
2. Accounting method rules based on the type of contractor you are (00:01:41)
3. Contract-related services and advanced payments (00:05:59)
4. Things on the expense side that can trigger an audit (00:06:28)
5. Unreasonable compensation (00:10:17)
6. Charitable contributions (00:11:02)
7. Misclassification of workers (00:12:45)
8. Unusual transactions (00:15:10)
9. Drastic changes in expense classification from one year to the next (00:15:27)
186 एपिसोडस
साझा करें
