Tag: tax audit
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Ask the Expert: How to Prepare for a Sales Tax Audit
Owning a business of any size that sells taxable goods or services means you may be subject to a sales tax audit at any time. Businesses that sell their products in multiple states are especially susceptible, as any one of those states may select you for an audit. While you may not be able to…
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Surviving An IRS Audit Without Receipts
While not having copies of your receipts is not ideal if you’re being audited, there are things you can do to prove your expenses to the IRS.
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Seven steps to Audit-Proof your small business
As the year comes to a close, small businesses should begin thinking about cleaning house and getting their finances in order so they can hit the ground running in 2018. Regardless of the type of small business you operate, getting your financial house in order can go a long way to ensure you maximize your…