Hints to help new businesses stay out of tax trouble.
- David Greene
- Comments Off on Hints to help new businesses stay out of tax trouble.
There are many hints or suggestions I can give a new businessman, but I do not have that much room. I will give you five very important hints to keep you straight with the IRS. First, form your business as…
Are small business entities being audited more frequently by the IRS?
- David Greene
- Comments Off on Are small business entities being audited more frequently by the IRS?
It is still true that an S-corporation or partnership is less likely to be audited than a sole proprietorship. However, the IRS has recently increased pass-through entity audits and decreased audits of large C corporations. From 2014 to 2015 S-corporation…