The Tax Deductions Your CPA Won’t Tell You About (Because the IRS Said So) – Part 2

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 Second Round of Hidden Deductions CPAs Avoid5:12 – The Myth of High Taxes: Why the Wealthy Pay Less Than You Do6:35 – Sales Tax Deduction: The Overlooked Write-Off That Saves Thousands10:27 – The Augusta Rule: How to Rent Your Home to Your Business (Legally)12:30 – HSA vs. FSA: What Your Employer Won’t Tell You16:40 – The 8829 Form: The Secret Business Use of Home Deduction22:30 – Why Most CPAs Avoid the 8829 Form (And How It Costs You Money)28:00 – Health Insurance Write-Offs: The Double-Dip Strategy That Works35:10 – Married Filing Separately: Why It’s Often Smarter Than Filing Jointly42:39 – The Truth About 401(k)s and IRAs: The Scam No One Talks About49:11 – How to Force Your CPA to Take Every Deduction Possible~~~~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:Overlooked Tax Deductions and Credits. Deductions and credits that are often glanced over missed 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