Whether you’re buying an existing business or starting a new one, you’ve almost certainly heard that the odds are stacked against you. The hard truth is that 90% of startups fail, according to Forbes. What separates the handful of success stories from the bleak crowd of failures? It all comes down to avoiding the ten […]
Most tax audits begin with an automated notice in the mail from the IRS. Before that audit letter makes you break out in a cold sweat, make sure you know the five things you absolutely should not do when you’re being audited by the IRS. 1. Don’t panic.
Hiring a CPA is similar to hiring a doctor or a lawyer. Are you going to hire a heart surgeon for brain surgery? Are you going to hire a mergers & acquisition attorney to handle your real estate transactions. Many industries have specialist and CPAs are no exception.