How to Avoid Tax Errors that Could Cost You Thousands

You could be losing thousands of dollars in accounting errors and not even know it.

Find out one simple way to avoid this problem from expert CPA and author Diane Kennedy.

MoneyYou could be losing thousands of dollars in accounting errors and not even know it.

 

“What frustrates me the most is that in many of these cases I could have helped, if only the client had come to me before getting into the deal,” says  Diane Kennedy of Diane Kennedy and Associates and the author of Loopholes of the Rich and Real Estate Loopholes.

 

As a leading CPA she grieves over the way some of her clients keep poor records.  And no, not even the very best CPAs can  bail you and your shoebox of receipts out.

 

What are the two biggest errors real estate investors make according to Kennedy?

Not recording the “Buy” and “Sell” correctly. 

 

Sure, investing in real estate is exciting.  You’re making money.  It’s fun too.

 

But we all still have to play by the IRS’s rulebook. 

 

It’s far better to get it all right in the beginning instead of desperately  trying  to catch up blunders right before the tax crunch deadline.

 

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