A Look at Small Business: Their History and Importance in the Nation
You may have heard the phrase, ‘America runs on small business.’ It’s not inaccurate. Small businesses are a large part of the American ethos and the entrepreneurial spirit that separates this country from every other. As of the writing of this article, the world was amid a national response to coronavirus, otherwise known as COVID-19. […]
Why Small Businesses Get Audited
The IRS uses a computer program called the Discriminant Function System (DIF). The system analyzes returns and flags them for outside statistical norms. When a tax return receives a high DIF score, an IRS agent reviews the file to determine if it should undergo an audit. While you should always file your business taxes accordingly […]
What You Should Know About Small Business Audits In Order to Stay Safe
Small business audits are one—if not the—biggest fear of small business owners everywhere. If you’re a small business owner in the El Paso area and you require assistance, Clifford, Ross Raudenbush and Cooper can help. Here are some tips that can help small business owners avoid audits in the near future. Important Tips to Keep […]
Small Business Audits Will Be Just Fine With The Right Accounting Firm
Running a business is a lot of work and there are many things to keep organized and under control. One of the words that no business wants to hear is “audit.” If you are in the El Paso area and your business is, unfortunately, being audited, you will want to consider hiring an attorney and […]
What You Need to Know About Small Business Audits
If you live in El Paso and your business is being audited, you may want to hire an attorney who specializes in small business audits. Even though chances are low that you do get selected to be audited, it can come out to be an expensive process. Not just because of what the IRS believes […]
What You Need to Know About Small Business Audits
If you live in El Paso and you’ve received small business audits, hire an attorney who specializes in these types of audits. Chances are low that you’ll be audited. Regardless, it can come out to be an expensive process. Not just because of what the IRS believes you owe them, but also the amount time […]
Why Seek Accounting Services for Small Business Audits
Whether you are facing an audit by the Internal Revenue Service or you want to conduct your own internal audit, Clifford, Ross, Raudenbush & Cooper, LLC provides assistance with small business audits in El Paso. We make sure your financial affairs are in order and diligently guide you through the audit process detail by detail. […]