Introduction to Business Tax Deductions and IRS Red Flags

what about a garage because a lot of these guys while they're in the growth stage you know they're storing their stuff at their home in their garage in their how did how would that break that that's awesome you brought that up because so let's talk about purchasing equipment what is tax deductible what is not because there's guys that may go out and buy themselves a vehicle and and not and they may sign on the dotted line but not buy the right vehicle and not be able to take the deductions so these guys we've got a pile this in this is what you need to do I may be forgetting someone let's talk about a few of the IRS red flags that guys need to avoid miss common mistakes that guys may think they're okay on but it's gonna be a big in the IRS office hey let's audit this guy because I was that guy alright guys we're back today and we're gonna be meeting with my accountant and we're gonna be talking about IRS red flags we're gonna be talking about a lot of things that take small business owners under when they're very new in their business but it's the same things that the big businesses absolutely know what they're doing and it's how they get by it's how they can manage to run multi-million dollar companies and pay less in taxes than a guy that's got a pickup truck a bunch of shovels a trailer and it's busting his butt every single day of the week and if you guys start to arm yourself with just the basic knowledge which is the goal of this two-part series hopefully it'll help you guys long term I don't know you guys got to tell me it was this after you watch this is this a good video comment down below give me your feedback without wasting more time let's get into today's video let's talk about things