Everyone’s an Owner
Some experts are predicting that the recent tax legislation will create a ton of new business creation and activity – just not the kind that lawmakers originally intended. These people are predicting a surge in…
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8 Things that Could Trigger a Business Audit
Whether you’re doing taxes for your own business or a client’s business, the small – but real – possibility exists for an audit. Understanding the chances of an audit and what the Internal Revenue Service…
Read More →Taxes: Record Retention Guidelines
When deciding upon a firm’s record retention procedures, it would be wise to consult federal and IRS regulations and state and local government record retention requirements. The IRS generally must assess additional tax within 3…
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