Navigating IRS Interactions — Advice for Dentists
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Show Notes
Navigating the Internal Revenue Service (IRS) can be intimidating for individuals and businesses alike. In these situations, it helps to have a former IRS professional on your side.
On this episode of the Art of Dental Finance and Management podcast, Art is joined by Ben Peeler, Partner in Charge of Eide Bailly’s Tax Controversy and Procedures group. Ben provides updates on proposed personnel cuts at the IRS and what they mean for current and future audits. Ben also discusses issues with S Corporation shareholder loans, why it’s important to report all your income, and what documentation is necessary for expenses. Finally, Art and Ben discuss the IRS’s “Dirty Dozen” — the worst of the worst scams taxpayers may encounter this year. Tune in to receive actionable insights from someone familiar with the ins and outs of the IRS.
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