Tax Schemes and Savings with Jack Cohen CPA

<p>There are many legit ways to save on taxes, but there are also a lot of dangerous tax schemes. You can smell some tax schemes from a mile away, but others are much more subtle.</p> <p>Some tax schemes make good sense and appear to be quite sound. These are the schemes that can get good people into trouble.</p> <p>Everyone wants to save on taxes, and there are a lot of legal ways to do that. Nobody wants to get in trouble with the IRS and go to jail, and, unfortunately, there are a lot of ways to do that too.</p> <p>Today on Wealth Talks, Tom and John are joined by Jack Cohen who served as an award-winning IRS auditor for 33years before entering the private sector as a CPA.</p> <p>Listen in as they discuss some of the new tax schemes, and why they can get you in trouble, plus, a new way you can save on taxes!</p> <p>Resource Link: <a href= "https://news.bloombergtax.com/tax-insights-and-commentary/salt-cap-workaround-pass-through-entity-tax-update-part-i"> SALT Cap Workarounds Update</a>: https://news.bloombergtax.com/tax-insights-and-commentary/salt-cap-workaround-pass-through-entity-tax-update-part-i</p>