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Archive by Month: May 2020

5 IRS Audit Concerns for Small Businesses

Posted in News on May 29, 2020

For small business owners in the United States, complying with the federal income tax reporting and payment obligations can be burdensome, but it is also extremely important. The IRS audits countless small businesses every year; and, with the recent formation of the Small Business/Self Employed Division’s Fraud Enforcement Office, small businesses can expect to face enhanced scrutiny in 2020 and beyond.

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