14min chapter

All the Hacks with Chris Hutchins cover image

Debunking Tax Myths, Avoiding Audits and Maximizing Savings with Jasmine DiLucci

All the Hacks with Chris Hutchins

CHAPTER

Navigating Tax Amendments and Audits

This chapter delves into the intricacies of amending tax returns and the increased risk of audits associated with significant refunds. The speakers share personal anecdotes on the slow IRS processing of amended returns and the complications arising from family business tax implications. They also highlight the importance of understanding IRS transcripts and managing personal tax responsibilities effectively.

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