One of the scariest events for small business owners is receiving notice of an IRS audit. Even though we work hard to keep our business records up-to-date and accurate, the concept of an audit creates fear. Questions jump into our mind:
While there is no perfect method for avoiding an audit, by taking the following steps, we can limit the possibility. Worse case, we can make an audit as pain-free as possible.
An IRS audit can be a time-consuming and frustrating process if books and records are not in order. If you need assistance with cleaning or catching up your books and/or to set up processes to avoid future bookkeeping issues, please contact us now for a free consultation.
Successfully meeting the challenges inherent to new and smaller businesses provides me with a special type of satisfaction.