129: Saving with Steve with Steve Sexton - Episode 129129: Saving with Steve with Steve Sexton - Episode 129
UK Health Radio Podcast
Steve Sexton and CPA Zach Gordon talk through audits, fraud, AI, crypto, cannabis and unusual write-offs, aiming to make tax season less confusing and less frightening. The conversation focuses on documentation, realistic strategies and knowing when to involve a specialist.
44:54•16 May 2026
Smart Tax Moves, Audit Fears and Fraud Traps with Steve Sexton and Zach Gordon
Episode Overview
- The tax authorities already hold much of your income data, so omissions and mismatches can quickly trigger notices or further checks.
- Trendy tax strategies promoted online can be misused or exaggerated, creating large back-tax bills and penalties years later.
- Strong documentation for every figure on your return is the best defence during an audit and should be prepared before any letter arrives.
- Identity theft around tax filing is common, so using ID checks and security pins and never sharing sensitive data by email is crucial.
- AI tools and generic CPAs may mis-handle complex areas like crypto or cannabis, making specialised professional advice essential.
“If it sounds too good to be true, it almost certainly is.”
What secrets to maintaining financial sanity during tax season can be uncovered? This chat on UK Health Radio’s *Saving with Steve* zooms in on the money stressor that keeps plenty of people up at night: taxes. Host Steve Sexton brings in CPA Zach Gordon, a long-time tax specialist who enjoys turning dense rules into plain English.
Together they break down how the tax system actually checks your return, why certain credits and “too good to be true” schemes raise red flags, and what genuinely puts you at risk of an audit. You’ll hear Zach explain how the government already has most of your income data before you file, and why simple omissions or dodgy ‘dirty dozen’ strategies promoted on social media can come back to bite you years later.
They also tackle fraud and identity theft in a very practical way – what happens when someone files a fake return in your name, what steps you need to take, and why a simple security pin and solid documentation can spare you huge headaches. Zach is clear that, "If it sounds too good to be true, it almost certainly is," especially around trendy tax products.
From home office deductions and quirky doctor-prescribed Jacuzzis, to crypto trades, cannabis businesses and the dangers of using AI to prepare your tax return, the conversation swings between serious warnings and light humour. The tone stays relaxed but honest, with a constant message: talk to a competent professional, document everything, and don’t let fear push you into bad decisions.
If tax season has ever felt like a trip to the dentist, this episode might just give you the clarity and calm you’ve been missing. What one small change could you make this year to cut your tax stress in half?
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