Are You Going to Jail for Tax Planning? Tax Attorney Sets the Record Straight

About this episode

Mike Jesowshek and tax attorney Ed Lyon discuss the risks of tax planning and clarify misconceptions about IRS audits.

Are you worried a tax strategy could land you in trouble with the IRS? In this episode, Mike Jesowshek sits down with tax attorney Ed Lyon to break down what tax risk actually means. They explain why most business owners do not get in trouble for smart tax planning, where the line between gray-area strategy and fraud really sits, and why proper implementation matters just as much as the strategy itself. They cover audit risk, common red flags, what to ask before moving forward wit...

People in this episode

Host: Mike Jesowshek

Guest: Ed Lyon

Topics covered

• tax planning
• IRS
• audit risk
• business owners
• tax strategy

Keywords

• tax strategy
• IRS trouble
• audit risk
• business tax planning
• tax attorney

Mentioned in this episode

Organizations: IRS

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