7 Biggest IRS Audits & Tax Court Cases You Need to Know About

I have the BIGGEST IRS Audits & Tax Court Cases you need to hear about. Because there are some grey areas in tax law that DO NOT explicitly state, how to take some tax deductions. Especially for business owners. In this video, I will cover some court cases & tax laws, that can help you can avoid some painful mistakes.

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Timestamps
Why This is Important (0:00)
IRS Tax Court Case #1 (2:04)
IRS Tax Court Case #2 (6:00)
IRS Tax Court Case #3 (7:35)
IRS Tax Court Case #4 (9:50)
IRS Tax Court Case #5 (11:30)
IRS Tax Court Case #6 (13:48)
IRS Tax Court Case #7 (15:22)
VERY IMPORTANT TO REMEMBER (17:13)

One important IRS tax court case involves a CPA, a certified public accountant, who got an IRS AUDIT for misusing the Vehicle Tax Deduction

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Hey, I'm Sean with lyfe accounting. The accounting company that helps you save on taxes and build more wealth. Please be sure to give this video a like and subscribe to our channel so you don't miss out on future videos!

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Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).