Janet built her coaching business from scratch, handling everything herself—including her taxes. She thought, “Why pay for a tax strategist when I can find the information online?”
For years, things seemed fine—until she opened that certified letter from the IRS.
She called me, panicked. The IRS was questioning $53,000 in deductions from the past two years. Worse? The agent mentioned potential criminal charges.
“I thought tax penalties were just financial. I never imagined I could actually go to jail over tax mistakes.”
The Cost of Tax Ignorance
Janet thought she was doing everything right:
She claimed deductions that seemed legitimate.
She wrote off business expenses.
She filed on time every year.
But without expert guidance, she had unknowingly made IRS red-flag mistakes:
Mixing personal and business expenses.
Not keeping proper records.
Claiming deductions without documentation.
Janet didn’t realize that some tax mistakes cross into criminal territory.
When Does a Tax Mistake Become a Crime?
The IRS doesn’t just issue fines. Cross a certain threshold, and they may consider it fraud.
Willful tax evasion—Claiming deductions you can’t prove.
Failure to report all income—Hiding or underreporting revenue.
Repeated filing mistakes—IRS sees patterns, not just “errors.”
How to Protect Yourself from an Audit
The wealthiest business owners use strategies, not guesswork. Inside Craft Money Map, we use the Strategic Tax Navigator™, a framework designed to:
Ensure every deduction is IRS-proof.
Keep your business compliant.
Protect your profits—and your freedom.
Janet was lucky—we built a strong defense, and she avoided criminal charges. But she still faced major penalties that hurt her finances.
Don’t wait until the IRS is at your door.
Learn the IRS red flags that could save your business. Subscribe to my YouTube channel for more tax-saving tips.