Could your tax return be raising audit alarms?

Financially Confident Christian - A podcast by Ralph V. Estep, Jr.

So, we’re diving deep into the world of taxes today, and guess what? The main point is figuring out how to dodge those pesky red flags that could trigger an audit. Ever hit that "submit" button on your tax return and felt your stomach drop at the thought of an audit? Yeah, me too! Don’t sweat it, though—we’ve got your back with some solid tips to keep your returns looking squeaky clean. We're talking about keeping it honest, organized, and making sure you've got all your ducks in a row. By the end of this chat, you’ll strut away feeling like a tax-filing pro, ready to honor God while keeping financial stress at bay and avoiding anything that might end up raising audit alarms. Let’s roll!Read today's blog articleCheck out the full podcast episodePodcast Timestamps:00:00 Episode Overview01:55 Helen's Question and Initial Advice02:54 Biblical Encouragement and Integrity04:03 Today’s Gratitude Statement04:45 Major Red Flags to Avoid35:27 Impact of a Tax Audit37:07 Types of IRS Audits39:02 Tips to Avoid IRS Audits42:30 Resources for Facing an Audit43:30 Visit https://www.askralphpodcast.com/blog/ for Free Financial Resources 43:46 Reflection and Final ThoughtsTakeaways: Filing your taxes can be super stressful, but there are ways to chill out about it. To avoid audits, you really gotta report all your income - even the tiny bits! Using accounting software is like having a superhero for your finances and tax prep. Remember to keep your deductions backed by solid documentation to dodge those IRS red flags. Links referenced in this episode:Support the Show https://askralphpodcast.com/support Ask Ralph Insiders Community https://mailchi.mp/askralph.com/groupAsk Ralph Show Live https://askralphpodcast.com/liveWhat is your question that you would like to ask Ralph? Send Your Question here: https://justaskralph.com/ Join our email list and get a free copy of “Mastering Your Finances” at https://askralph.com/LISTEN NOWWATCH NOW ON YOUTUBE (OUR VIDEO VERSION)WATCH NOW ON RUMBLE (OUR VIDEO VERSION)SUPPORT THE SHOWPlease share our Podcast with all your friends and family!Submit your questions or ideas for future shows - email us at [email protected] or leave a voicemail message on our podcast page