article thumbnail

What happens if you get audited and don’t have receipts?

xendoo

There are many reasons the IRS might audit a business, but most happen due to random selection or tax errors. From there, you’ll communicate with your auditor and provide the documents they ask for. If the IRS audits you, you’ll receive a notification letter.

audit 52
article thumbnail

What happens if you get audited and don’t have receipts?

xendoo

There are many reasons the IRS might audit a business, but most happen due to random selection or tax errors. From there, you’ll communicate with your auditor and provide the documents they ask for. If the IRS audits you, you’ll receive a notification letter.

audit 52