Author: foggedin

[caption id="attachment_245" align="alignleft" width="141" caption="QuickBooks"][/caption]The ProAdvisors are all starting to get their 2012 QuickBooks in the mail.  January 1 is fast approaching and your 2009 QuickBooks email feature is about to stop working.  What are you going to do?  Our advice is to upgrade now...

IRS Audit Rates/Statistics Based on Tax Filing TypeReturns FiledReturns AuditedPercentage AuditedSmall Corporation2,146,40018,2980.85%Large Corporation65,5469,53614.55%Subchapter S4,390,85717,4550.40%Partnership3,348,84512,8550.38%Individual137,849,6351,384,5631.01%My business prepares every clients financials from day one to protect them in an IRS audit or prepare them for an internal audit.  Our policy is basic.Keep the paper records (scanned and...