Smart Tax Strategies for Audit-Proofing Your Small Business

Going through an audit can be nerve-wracking and time-consuming. Most business owners would rather pull their own teeth out than deal with the IRS. Here’s how to survive the ordeal and avoid future audits in the future.

Small business tax woes

Outsource Your Accounting and Tax Work

If you want to avoid a lot of trouble with the IRS, pay someone else to deal with them for you. Outsourcing your tax and accounting work is one of the best moves a small business can make. Too many businesses mistakenly believe that they must do everything themselves.

In some ways, their entrepreneurial spirit “forces” them to “take on the world.” In reality, they’re setting themselves up for a legal nightmare.…

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