How a $7,000 IRS Bill Becomes $15,000
You owed the IRS $7,000. You did not have it that month, so you left it. Eighteen months later the notice says...
IRS Problems & Resolution
IRS May Owe Your Construction Business Money
The IRS May Owe Your Construction Business Money — But You Have to Act Fast
Wednesday, 2026-07-01
Let me be ...
How Long Does the IRS Have to Audit Your Return
How Long Does the IRS Have to Audit Your Return? No one wants to live with the constant fear of an IRS audit.
How Long Contractors Should Keep Tax Records
How Long Contractors Should Keep Tax Records (Short Answer)
Contractors ask me this every year:
“George, how l...
Top 5 Contractor IRS Audit Red Flags
E162 LinkedIn Content — Top 5 Contractor IRS Audit Red Flags
LinkedIn Post (146 words)
The IRS does not need ...
Amended Return Statute of Limitations
Raw Version
Amended Tax Return IRS Audit Statute of Limitations
Normally, the IRS has 3 years from the date yo...
Owe the IRS_ Contractors Need to Hear This
Construction cash flow is unpredictable.
Retainage delays.
Slow-paying GCs.
Material spikes.
Seasonal swings.
...
IRS Audit and No Receipts: What Actually Happens
IRS Audit and No Receipts: What Actually Happens
You are in an audit, the examiner has asked for support on a ...
130k IRS Debt Offer in Compromise
LinkedIn Write-Up $130,000 owed to the IRS — can you settle for less? That's one of the most common questions I hear from construction business owners.
Audit Proofing Your Contractor Business
An IRS audit isn’t about whether you’re a good person.
It’s about whether your numbers look believable.
Contra...
Write-up IRS Small Business Audits
IRS Crackdown on Small Business Write-Offs
The IRS has quietly stepped up audits of small businesses and pass-...
How to Make an IRS Penalty Disappear
How to Make an IRS Penalty Disappear (Legally!)
If you’ve ever missed an estimated tax payment, and your amoun...
An IRS audit isn’t about whether you’re a good person.It’s about whether your numbers look believable.
Contractors face higher audit risk because deductions are larger, records are messier, and cash flow moves fast. Even legitimate expenses can become problems if documentation is we
One of the fastest ways business owners lose deductions in an IRS audit is simple: missing or unreadable receipts.
Your bank or credit card statements only show that you spent money… not what you bought.Without receipts, those transactions become “naked expenses” — and the IRS loves to throw th
An IRS audit isn’t about whether you’re a good person. It’s about whether your numbers look believable.
Contractors face higher audit risk because deductions are larger, records are messier, and cash flow moves fas...
How Long Contractors Should Keep Tax Records (Short Answer)
Contractors ask me this every year:“George, how long do I actually need to keep tax records?” Here’s the real answer — no fluff The basics: IRS standard audit window: 3 years…
How to Make an IRS Penalty Disappear (Legally!)
If you’ve ever missed an estimated tax payment, and your amounts owed were on the larger side, penalties can really add up fast. But there’s a workaround the IRS actually allows. I
IRS Crackdown on Small Business Write-Offs
The IRS has quietly stepped up audits of small businesses and pass-through entities this year, especially targ...