Ever wondered what it’s really like to be audited by the IRS? On this week's episode of Jet Setting Wealth Advisory, David T. Yu speaks with Romeo Razi, CPA, former IRS agent, and founder of TaxedRight, who shares his rare insider perspective on audits, compliance, and strategies for small business owners and high-income earners. Drawing from his experience on both sides of the audit table, Romeo explains how to approach IRS letters with confidence, avoid common mistakes, and implement tax strategies that reduce risk while keeping more of your earnings. He also shares insights from his newsletter, TaxTicker, which translates complex tax topics into practical advice for entrepreneurs and investors. Key Takeaways: → The biggest mistake taxpayers make is representing themselves in an IRS audit→ Understanding the IRS process and audit triggers can drastically reduce stress and exposure→ Small business owners often make costly errors with deductions→ Having proper representation can turn an adversarial audit into a manageable process→ Staying proactive and informed empowers business owners to make smarter financial decisions More from Romeo Razi and TaxedRight: Email: romeo@taxedright.comWebsite: taxedright.comLinkedIn: linkedin.com/in/romeo-raziFacebook: facebook.com/taxedrightTwitter (X): x.com/RomeoRazi Engage with David T. Yu: Connect on LinkedIn, Instagram, & Facebook Sign up for our newsletter or book a call! Visit: DTY Wealth Planning Solutions Learn more about your ad choices. Visit megaphone.fm/adchoices