IRS

Black and white image of a loose veil on the

Can The IRS Pierce The Corporate Veil?

Tax Problems|internal controls, IRS, liability, small businesses, tax audits

Corporations are formed for a reason. One of the most important reasons is to limit liability and taxes to the corporation. Business owners, partners and investors want to be shielded from having to pay creditors …

snapshot of a fish immersed in water that appears to be hooked on the reasons you might get audited blog post. A reference to being audit bait.

Are you Audit Bait? 5 Reasons You Might Get Audited

Accounting and Tax Advice / Tips|1099s, audit risks, earned income credit (EIC), employees vs subcontractors, IRS, small businesses, truck and auto expenses

Are you a small business owner, worried you might be audit bait? The Internal Revenue Service (IRS) is in business to make as much money as it can, as efficiently as it can. Congress wants the …