My Count Solutions Blog

A food critic is the worst nightmare for any restaurant or cafe running smoothly minding its own business. The letter of arrival by the critic is none like the devil who has arrived in a business suit. The worst thing that can happen to any business is to get audited. Imagine it this way. Almost one in 100 businesses get audited every year. It’s a dreadful feeling for the business owners. Audits can be a weary experience for small businesses because of the prospect to owe more taxes within a limited budget. If you are held liable for the audit without an experienced accounting department to back, you up then it’s to feel as if you are in hot waters. Hiring the Tax Audit Representation is a good idea at this stage to avoid any blunders or errors in filing for taxes and so on. Anything could trigger a small business to be notified by IRS like; ●      If a business earns more than $ 1 million (annually) and if your assets aren’t protected. ●   ...

What scares a business owner? It’s not the taxes, no but it’s one big scary word - audit. One often questions the auditor about whether they bring value to the business itself. Well, here’s the thing, people consider Audit to be an outdated and money-wasting exercise. Once often does not see the value the business might achieve. It is understandable why small businesses cringe at the mention of an audit. Audit Representation can take the actual stress away if you have hired some of the required professional help in this regard. After all, handling books is one thing, but in case the tax preparation is questionable by the IRS you’d need to prepare the audit defense. So yes, an audit is a stressful event but when professional experts are given the rein to take care of the financial department things can become rather easier to deal with. Don’t believe us? Well, keep reading on to find the much-needed value a small business enjoys because of the audit. You may not notice it firsthand but...