Even if there’s no funny business going on, the IRS may still run an audit on your business. Its best to be prepared as possible, and know what they are looking for, including:
- Making a lot of money
- Failing to report all taxable income received
- Taking higher than average deductions
- Deducting large charitable donations
- Deducting business meals, travel and entertainment expenses
- Not reporting a foreign bank account
- Claiming 100% business use of a vehicle
- Failing to report large gains from gambling or claiming big losses in gambling
- Claiming the home office deduction
- Claiming the foreign earned income exclusion
Nobody wants to be audited! Even if you’ve done everything right, you can still miss important aspects that might lead to an audit. Taxes are confusing! Don’t miss out on the chance to keep your money, get more of it back, and achieve that feeling of safety. When you hire Lisa Amador to do your taxes, she won’t miss a thing.
Tax specialist in Belleville and the surrounding areas
Contact Amador Accounting today! Lisa Amador is the best tax specialist in Belleville, Ann Arbor, Ypsilanti, Saline, Canton and the surrounding areas. If you have a problem and need a solution, Lisa Amador can help you get organized and provide immense value to your business. (734) 330- 0907