Top 5 Reasons Small Businesses Get Audited — and How to Avoid Them

An IRS audit is every business owner’s nightmare. While most audits are triggered by computer algorithms looking for inconsistencies, many are completely avoidable. Here are five common red flags that increase your risk — and how to keep your business in the clear. 1. Excessive Deductions That Don’t Match Income If your business earns $60,000 […]