King & Flacs speak with LeBeana about the tax audit process, how to be prepaired and everything else relating to taxes and tax audits!

 

00:00 Intro 01:39 LaBena Curtis, Enroll Agent Intro 02:46 Less than 10% of Enrolled Agent are people of color 04:56 Career change to Figure Shxt Out 06:22 In Trouble with the IRS 13:01 Illegal to filter money through a non-profit to avoid taxes 17:22 Not Paying taxes hurts building wealth 19:35 Things IRS wants for an Audit 22:24 A bank statement is not a receipt 29:49 19yrs old file bankruptcy & still bought a house 36:05 Bought house 3yrs after bankruptcy 38:43 First Encounter with Black Wealth 45:25 Difference between the poor & the Wealthy 48:05 You don't have to focus on 1 thing in business 51:04 Bank Shut my payment processor down for making too much money 53:39 Not Afraid of IRS, Credit Bureaus, Collection Agencies 55:40 Gave Plasma to make ends meet before my success 59:32 Threshold when you should use tax strategy