No business owner wants to be audited by the IRS. Audits, however, are a fact of life for some businesses. While the thought of undergoing an IRS audit can be daunting, it's crucial to remember that preparation is key. A Nashville accounting firm can help business owners in the area to minimize the stress and disruption associated with an audit.
When you receive that dreaded IRS notification, it's important to understand that being audited doesn't necessarily mean you're in trouble. There are several reasons why the IRS might select your return for an audit, including random selection and computer screening. Regardless of the reason your business has been selected for an audit, you’ll want to make sure that you’re fully prepared before the audit date.
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