How To Avoid An Audit 

Getting audited by the IRS is something no restaurant owner wants to go through. Even though audits are relatively rare for most people, it’s important to make sure you do everything you can to ensure that it doesn’t happen to you. Luckily, there are a lot of things you can do to lessen your chances of getting audited.Below we take a look at some of the most common causes for an IRS audit.

Failing to File on TimeLet’s start off with an easy one: Filing your taxes on time is one of simplest ways to make sure your tax return stays off the IRS radar. Not only will timely filing prevent you from owing more money in fines, it will also lessen the chances of the IRS flagging you for audit. Although tax day creeps up on all of us quicker than we may like, doing this one simple step helps avoid getting that dreaded IRS audit notice in the mail.

Mathematical ErrorsMistakes happen, but unfortunately when it comes to mistakes with your tax returns, they lead to fines and maybe even to an…