10 reasons the IRS might flag you for an Audit

10 reasons the IRS might flag you for an Audit

IRS Tax audit is one of the most feared things in business. The fact is that the probability of being audited for a median household income in the US dropped to less than 1% in 2014 versus 5.6% in 1993. The IRS still audits approximately 1.4 million taxpayers every...
Meals & Entertainment Deductions

Meals & Entertainment Deductions

Are entertainment expenses really not deductible anymore? How about business meals? The new tax reform has brought an endless amount of change to tax law, and one of the most interesting parts affecting most businesses are the changes to meals and entertainment...