nDash.com is a content creation platform that provides brands and agencies with access to the world's top freelance writers.
What Will Make the IRS Audit Your Business?
The IRS keeps the exact criteria it uses for auditing select business tax returns a secret. The audit process includes some random selection, but there are certain triggers that are known to make an audit more likely. While an audit shouldn't be a concern if you file your taxes accurately, understanding the common audit triggers can help you to better prepare your taxes and ensure you have adequate documentation in the event you are audited.