What to do when your business books are rejected? An in-depth guide to dealing with the appeals committee
Most business owners don’t think about their books until someone comes to check them. Then – the message comes: “We have decided to disqualify your books for the tax year under review.” Three words that can break a business’s back. Book disqualification is not just an accounting warning sign – it is a heavy sanction […]
Dangerous beauty: A surprise audit of beauticians and home care workers – and how it quickly turns into a financial nightmare
She posted on Instagram. He heard from a friend. They called, made an appointment – and showed up with IDs, and sometimes hidden cameras. No, this is not the beginning of a detective series. This is the reality of more and more cosmetologists, laser hair removal therapists and beauty professionals who work from home, and […]
A surprise that’s not the pleasant kind: How to deal with a surprise audit from the bookkeeping department
The phone rings, or a knock on the door interrupts your routine morning at work. Two polite people introduce themselves: “Hello, we’re from the IRS. A surprise audit of the accounting department.” Not a trick. Not a joke. Not a bad dream. This is a real event, with real consequences – and one of the […]