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.
internet has rendered accountants worthless People who file electronically are more likely to be audited Business Doesn t Need an Accountant I pay business expenses out of my own pocket It s really no big deal Accounting is so easy anybody should be able to do it I really don t need accounting reports to know how my business is doing I can handle my accounting myself I have QuickBooks Accountants are introverted or boring Accounts are for qualified accountants only An Accountant will cost me an arm and a leg Accountant equal Tax Preparer or IRS Agent Your Business Doesn t Need an Accountant More ...
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