People who file electronically are more likely to be audited
Myth about Accounting
People who file electronically are more likely to be audited
The majority of returns are now filed electronically. Pretty soon, e filing will probably be mandatory, so people have naturally begun to worry about the new system being more prone to audits. Yet, the IRS audit rate remains steady at less than 2% of all returns. The main audit triggers are the same as always, things like filing late, high self employment income and math errors.
Small businesses don t need accounting
Accounting software is simple
Technology is Eating Up the Accounting Profession
Business Doesn t Need an Accountant
All certified public accountants (CPAs) are income tax experts
I still need to calculate taxes manually
I pay business expenses out of my own pocket It s really no big deal
Accountant equal Tax Preparer or IRS Agent
Manual accounting is fine If it isn t broke why fix it
Accounting is so easy anybody should be able to do it
It s expensive
internet has rendered accountants worthless
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