Why cash payments can backfire in an IRS audit

Name: Why cash payments can backfire in an IRS audit
Duration: 69 s
Description: If you pay rent or expenses in cash with no bank records, auditors will notice the gap and ask questions.

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Paying rent or other big expenses in cash might seem convenient, but TJ explains how it can create serious problems if the IRS audits you. When there's no bank record matching your monthly outlays, auditors start asking questions you may not want to answer.

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