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9 Tax Audit Consequences for Business Owners

9 Tax Audit Consequences for Business Owners

This post was written by our friends at Larry L. Bertsch, CPA & Associates, a top certified public accountants firm that has been offering quality accounting and tax preparation services to the entire Las Vegas market since 2003. For help with your business accounting and tax prep needs, please contact them to schedule a free consultation by calling (410) 872-8376 or completing this brief form. 

Reporting taxes for your business is usually more complicated than reporting taxes for your personal life. Unfortunately, this means you’re more liable to err in your reporting, which might cause the IRS to slam you with expensive penalties and other consequences you might not have known existed.  

With the help of an experienced tax accountant, however, you may be able to avoid some of the more common and severe consequences if you do overlook something.  Read more