Tally Blog
Business Tax Audit 101: What to Expect if You Get Notice of an Audit
5 Ways for Business Owners to Avoid a Tax Audit
One thing small business owners tend to fear is an IRS tax audit. Just the mention of the word audit is enough to make some get a little sweaty and start to think of the worst-case scenario. Maybe the business doesn't have all the numbers quite up to date, or maybe someone overshot mileage estimates, or maybe it's just the fear of the unknown. Either way, getting an audit letter in the mail can be frightening.
The good news is an audit is avoidable and we can help make sure this nightmare doesn't become a reality for your business. To that end, we've put our heads together to come up of a list of important things small business owners should do to avoid a tax audit.