Small Business Audit Checklist. Starting and operating a small business brings with it a responsibility to continually evaluate your business through performance, management and financial audits.

Audit Technique Guides (ATGs) are an invaluable tool to defend a business taxpayer that is subject to an IRS examination. Upon receiving notice of an IRS audit, a prudent taxpayer or their ...

IRS small-business audits increase The IRS has always audited more small companies than big ones, but the gap is widening significantly - a policy that costs both the agency and its targets.

Small businesses, on the other hand, often rely on external auditors to manage their inventory audits. The auditors will install their own procedures for the counting process.

The House Small Business Committee, Chaired by Congressman Steve Chabot (R-OH), recently held a hearing on the IRS audits of small businesses – the hearing title says it all: “IRS Puts Small ...

The IRS audits only a small percentage of tax returns. But if your business is one of the lucky few, ... Following are four small-business strategies for beating an IRS audit. 1.

The Small Business Administration cites the guilty pleas of a former contracting officer and industry executives in a decades ...

In fact, small businesses are particularly in danger of being audited by the IRS. That's why now is a great time to make sure your tax planning strategy is solid and to know how to avoid an audit.