
Tally Blog

Last-Minute Tax Prep Tips for Small Businesses

The Importance of Filing Business Taxes On Time

Corporate Taxes: Business Tax Deductions to Take (and Avoid!)

Handle Your Business Tax Prep Differently this Year!

Stop Stressing! Tally Services is Here to Help with Corporate Tax Prep!

Year-End Woes? Tally Can Help!

Use Tax: What Businesses in Fort Collins Need to Know

Tax Extensions Coming to an End? We Can Help!

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.