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Tag Archives: small business taxes

3 steps to ensure your small business passes an IRS audit

Follow these steps to ensure your small business passes an IRS audit. First, what is an IRS audit? An audit is an accounting procedure in which the IRS examines your financial records to verify that you filed the return in question accurately. If you have your paperwork and receipts (or access to them) and can […]

No Credentials? The IRS Says No Problem

The IRS just suspended rules requiring tax preparers to be IRS approved. What exactly does this mean for companies and individuals using tax preparers, and for tax preparers themselves? Taxes are an important aspect of running a small business and the last thing any company, or individual, wants is to be audited. So, if the […]

Hiscox eDNA 2012 Small Businesses and US Economy [INFOGRAPHIC]

The Hiscox eDNA small business survey shows that US small business owners are optimistic about 2013. Despite continuing economic clouds, things are looking up for US small business owners as we head into 2013. Ever the eternal optimists, 55% of the small business owners in the Hiscox EDNA 2012 survey (link) are optimistic about their […]

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