In the first episode of this five-part series, hosts Hunter and Judson tackle common myths and misconceptions around taxes. Starting with the how and why on extending or amending your tax return all the way around to debt paydown whiplash and if you can deduct your automobile or Chick-fil-a. Hunter the human calculator and Judson and his boots offer tips to keep you out of the red-flag zone. - Deadlines/Extensions: Does extending help or hurt audit chances? - Amending tax returns - Automobiles and Food/Entertainment: how to know if it qualifies as a business expense in the eyes of the IRS. - Does paying down debt count as a deduction? - What's phantom income? Have questions for our team? Visit cainwatters.com/wealth
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