It’s the kind of letter or phone call that strikes fear in the hearts of m…


It’s the kind of letter or phone call that strikes fear in the hearts of most small-business owners: The IRS is contacting you to audit your income-tax return. There’s no need to panic, however. Although there is no sure-fire way to avoid a tax audit, there are ways to mitigate the stress and pain of one. What triggers an audit? The IRS may audit anyone’s tax return for any reason. But individuals who report straightforward income and deductions that may be easily verified (with d…



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