This document provides advice on how to audit links and identify risky links that could lead to penalties. It recommends using a link auditing tool to divide links into those to remove, disavow, or keep. If penalties are received, the document advises removing links, using disavow files, and in some cases rebuilding links cautiously. It warns that over-removing links can be as harmful as under-removing. The key takeaways are to build links carefully, manage link profiles closely, and not believe unsupported claims, as sites with well-managed links can still succeed.