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How to Stay Off the ATO’s Radar: 3 Steps to Avoid Audits

Jun 17, 2025 | Podcasts, Wealth Coffee Chats

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It’s Tax Tuesday, and this Wealth Coffee Chat is all about audit-proofing your property and financial life. Daniel McPherson reveals a simple three-step system to avoid ATO audits, reduce penalties, and protect your wealth. Learn how to keep clean records, lodge on time, and stay transparent—especially if you’re earning through Airbnb, crypto, or side hustles. With billions of data points collected annually, the ATO knows more than you think. Are you audit-ready?

🎥Chapters:
00:02 – Welcome and Show Introduction
03:04 – Why You Shouldn’t Fear the ATO (If You’re Prepared)
04:50 – How ATO Audits Really Work (and What Triggers Them)
06:35 – How Much the ATO Already Knows About You
08:14 – Real Examples: Airbnb and Crypto Investors Caught Out
09:12 – Step 1: Keep Clean and Complete Records
11:04
– Step 2: Lodge on Time, Every Time
12:02 – Step 3: Be Transparent and Honest with the ATO
13:19 – What to Do If You Are Audited
14:15 – The Cost of Getting It Wrong: Time, Money & Stress
15:04 – Final Recap: 90% Audit-Proof Strategy

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