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Tax audit tips for small businesses facing an audit

Take a deep breath and relax. Everyone is nervous about an IRS exam. Tell yourself that you will get through it. Determine early on whether you want to involve an expert (CPA, EA, Tax Attorney). Reasons to hire an expert to represent you:

If there is any mention of criminal charges, you should immediately hire

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Bookkeeping requirements for business entities

Accurate bookkeeping is essential for small businesses, from the sole proprietor to partnerships, S corporations or C corporations.

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