Cash Intensive Businesses The IRS Audit Technique Guide

Cash Intensive Businesses can face extra scrutiny when it comes to the reporting of income and tax paying. That's why the IRS has an audit technique guide specifically for Cash Intensive Businesses. So, what is a cash-intensive business, and would the IRS watch more closely this type of business? And what types of signs are the IRS looking for when it comes to Cash Intensive Businesses? If you're curious about these questions, then you're in the right place. In this video, we go over what Cash Intensive Businesses are, how the IRS has a specific audit technique guide for them, and some of the red flags the IRS keeps an eye out for when it comes to Cash Intensive Businesses. While only about 1% of personal taxpayers face audits, that number is higher at 2.5% for small businesses. Yet, for cash-intensive businesses, the odds increase. So check out this video today, and for more info, head here: https://silvertaxgroup.com/cash-inten...