There I was, sitting in the pediatrician’s office for my son Kainalu’s 9-month checkup, watching him charm everyone while secretly counting the number of coughs in the waiting room. You know the drill – you arrive, wait, get called in, and the doctor asks, “Any concerns?”
I looked down at Kainalu, jokingly waiting for him to pipe up with his medical history (spoiler: he just gave his signature gummy smile). The doctor took some measurements, and just like that, we were done. Kainalu’s in the 92nd percentile for height, probably all those Hawaii genes!
But this routine appointment got me thinking about how most people handle their taxes. They show up once a year, hand over some forms, answer “nope, nothing new,” and walk away thinking everything’s fine.
Here’s the scary part: You might be accidentally lying to the IRS.
“Wait, what? How?”
Let me ask you this:
- Did you receive money through Venmo last year?
- Receive payment via PayPal for that side gig?
- Sell something on Facebook Marketplace?
- Get paid through Zelle for splitting bills?
Here’s what most people don’t know: Starting in 2024, payment apps are required to report transactions totaling over $5,000 to the IRS. That means there’s a form out there with your name on it that you might not even know exists.
Real Story Time:
Last week, a client came to me panicking. She’d filed her 2023 taxes through TurboTax, thinking everything was fine. Then she got a letter from the IRS about unreported income. Turns out, her occasional dog-sitting gig through Rover generated a 1099-NEC she never received. The form went to an old email address.
The IRS knew about the income before she did.
This is where transcript monitoring comes in.
Think of it like having a security camera for your tax life. Instead of waiting for surprise letters from the IRS, we can see exactly what they see about your financial life – before you file.
What We Monitor:
- Income reported by employers
- Payment app transactions
- Investment account activity
- Retirement account distributions
- And dozens more data points
Most tax monitoring services charge $295/month for this peace of mind. But in honor of Kainalu’s impressive 92nd percentile height milestone (yes, I’m that proud dad), I’m offering my network access for just $92/month.
What You Get:
- Monthly transcript reviews
- Early warning of unreported income
- Documentation of all IRS records
- Peace of mind before filing
- Direct access to me for questions
Think of it like those regular doctor checkups – it’s better to catch things early than deal with problems later.
Ready to stop worrying about surprise tax forms?
Email info@andrewsamaniego.com with:
- Your name
- Best contact number
- Whether you’ve received IRS notices before
I’ll send you:
- Service details
- Signup instructions
- Sample monitoring report
Don’t wait for the IRS to find something you missed. Let’s catch it first.
P.S. Unlike my son’s doctor appointments, you won’t have to sit in any waiting rooms for this service. Everything’s handled digitally!
P.P.S. Know someone who uses payment apps for their side hustle? Share this with them – they’ll thank you later.
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