Episode 97: Understanding a Profit Loss Statement - podcast episode cover

Episode 97: Understanding a Profit Loss Statement

Aug 09, 202432 minSeason 4Ep. 97
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Episode description

In this episode: 

  • Republican lawmakers propose a $2B cut to IRS funds.
  • Be aware that there is a fake "Self Employment Tax Credit" that is being pushed by scammers. 
  • The IRS compliance program faces potential cuts.
  • An  IRA inherited by a non-spouse may need to be withdrawn before 10 years. 
  • A deep-dive into understanding business financials. 
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