Tax-Saving Strategy Treats: How Halloween and Thanksgiving Expenses Can Work in Your Favor

tax saving stratagies for thanksgiving, John Geantasio, CPA Spring Lake, Manmouth County

As the leaves turn and the days grow shorter, the festive seasons of Halloween and Thanksgiving approach, bringing with them not just celebrations, but also a timely reminder of your financial health. While you’re busy planning spooky parties and sumptuous turkey dinners, have you considered how these holidays can impact your tax savings?  It’s easy […]

What triggers irs audit: 18 Triggers That Increase Your Odds of Being Audited

what are the odds of getting audited by the irs

What are the odds of getting audited by the IRS? General Odds: Statistically, the chance of being audited remains below 1% for most taxpayers. However, an overall audit rate of 0.4% is observed over the years. So, your odds of getting audited by IRS is pretty low. What triggers an IRS audit? • High-Income Earners: […]