The Tax Deductions Your CPA Won’t Tell You About (Because the IRS Said So)

Your CPA isn’t telling you about these deductions—and there’s a reason why. The IRS has explicitly advised CPAs and tax professionals not to disclose certain deductions because they require “too much burden of proof.” But that doesn’t mean you can’t take them—it just means you have to know about them yourself.📌 CHAPTERS:0:00 – Intro: The Hidden Deductions CPAs Won’t Mention3:06 – Why the IRS Discourages Certain Deductions4:04 – Paying Your Kids Tax-Free: What CPAs Won’t Tell You5:00 – The Augusta Rule: How to Rent Your Home to Your Business (Legally)12:30 – Sales Tax Deduction: The IRS-Approved Loophole Nobody Uses15:40 – How Mortgage Interest Fits Into Your Tax Strategy20:10 – Gambling Losses: The Overlooked Write-Off23:00 – Charitable Donations: Are You Missing Tax Savings?27:30 – Medical Expenses and How to Deduct Them the Right Way32:54 – Business Use of Home: The Critical Mistake Most People Make39:15 – Why CPAs Avoid These Deductions (and How to File Correctly)44:00 – The Paper Filing Secret That Protects You from IRS Scrutiny🚨 Trending Topics Covered:TaxDeductions, IRSSecrets, AugustaRule, PayKidsTaxFree, SalesTaxDeduction, CPA, TaxLoopholes, BusinessTaxes, TaxPlanning, WriteOffs~~~~Hit Subscribe + ring that bell ~~~~Meet Mark Lewis, EA a trusted tax professional who has earned one of the most prestigious credentials in the field - he's an IRS Enrolled Agent (EA) ! An enrolled agent is the highest credential the IRS awards tax professionals and are the only tax professionals licensed by the IRS with unlimited rights to represent taxpayers before the agency. He has emerged with cutting-edge solutions for business owners who want to become their own financial gatekeepers. His Mission: We Bridge The Gap Between Wall Street Wisdom and Main Street Success.What you can expect:* Tax bills slashed by up to 50% (or more)* Impenetrable fortresses built around their assets* Legacies crafted to last for generations* Real deal on crypto, options trading, and investment strategies Start Here: linktr.ee/ExecutiveMoneyStrategies~~~~Social:Instagram https://www.instagram.com/marksmoneystrategies/ Facebook https://www.facebook.com/marksmoneystrategiesTikTok https://www.tiktok.com/@marksmoneystrategiesLinkedIn https://www.linkedin.com/in/markedwardlewis/~~~~The information provided in this video should not be construed as legal, tax, or investing advice. This video is designed for entertainment purposes only. You should not act on any of the information contained herein without seeking professional advice.~~~~For More Resources:The Tax Deductions Your CPA Won’t Tell You AboutOverlooked Tax Deductions and CreditsDeductions and credits that are often glanced over missed by taxpayers https://www.kiplinger.com/taxes/602075/most-overlooked-tax-breaks-and-deductionsThe 10 Most Overlooked Tax Deductionshttps://turbotax.intuit.com/tax-tips/fun-facts/the-10-most-overlooked-tax-deductions/L2WjmvZAHDon’t Overlook These Valuable Tax Creditshttps://www.irs.gov/pub/irs-news/fs-08-02.pdfMost Overlooked Tax Deductions, Itemizing might save you more than the standard deductionhttps://www.investopedia.com/articles/tax/09/overlooked-tax-deductions.asp#entrepreneur #finance #financialfreedom