/
Could An Audit Help Your Small Business? Could An Audit Help Your Small Business?

Could An Audit Help Your Small Business? - PDF document

RalfHeyer
RalfHeyer . @RalfHeyer
Follow
2 views
Uploaded On 2024-02-23

Could An Audit Help Your Small Business? - PPT Presentation

For many small business owners the thoughtof an audit might induce a state of fear and panic but they arent automatically a bad thing In some instances audits can act as a routine maintenance checkup and not as something that will invite penalties from the IRS ID: 1046529

tax services Miami accountant in Miami

Share:

Link:

Embed:

Download Presentation from below link

Download Pdf The PPT/PDF document "Could An Audit Help Your Small Business?" is the property of its rightful owner. Permission is granted to download and print the materials on this web site for personal, non-commercial use only, and to display it on your personal computer provided you do not modify the materials and that you retain all copyright notices contained in the materials. By downloading content from our website, you accept the terms of this agreement.


Presentation Transcript

&RXOG$Q$XGLW+HOS 6PDOO%XVLQHVV" )RUPDQ\VPDOOEXVLQHVVRZQHUVWKHWKRXJKWRIDQDXGLWPLJKWLQGXFHDVWDWHRI IHDUDQGSDQLFEXWWKH\DUHQ¶WDXWRPDWLFDOO\DEDGWKLQJ,QVRPHLQVWDQFHV DXGLWVFDQDFWDVDURXWLQHPDLQWHQDQFHFKHFNXSDQGQRWDVVRPHWKLQJWKDWZLOO LQYLWHSHQDOWLHVIURPWKH,56 :KDWLVDQDXGLW" 7KURXJKV\VWHPDWLFUHYLHZLQJRIDEXVLQHVV¶VWUDQVDFWLRQVLWVILQDQFLDOUHFRUGV DUHH[DPLQHGGXULQJDQDXGLWWRGHWHUPLQHZKHWKHUWKH\DUHFRUUHFW5RXWLQH DXGLWVDUHFDUULHGRXWE\PDQ\EXVLQHVVHVHYHU\\HDU,WLVWKHUROHRIWKHEXVLQHVV RZQHUWRPDLQWDLQSURSHUDFFRXQWLQJERRNVWKDWJLYHDQDFFXUDWHUHSUHVHQWDWLRQ RIERWKLWVLQFRPHDQGH[SHQVHVDQGLIDQ\WKLQJLVPLVVLQJRUXQWRZDUGDQDXGLW ZLOOOLNHO\EHDSURORQJHGRQH :KDWDUHWKHGLIIHUHQWW\SHVRIDXGLWV" :KLOHIRUPDQ\,56DXGLWVDXWRPDWLFDOO\FRPHWRPLQGDEXVLQHVVFDQDFWXDOO\ KDYHRWKHUW\SHVRIDXGLWVWRRLQFOXGLQJRQHVWKDWDUHLQWHUQDORUH[WHUQDO/HW¶V ORRNDWWKHVHLQDOLWWOHPRUHGHWDLO ” ,QWHUQDODXGLWV ,QLWLDWHGE\WKHEXVLQHVVLWVHOIDQGFDUULHGRXWE\VRPHRQHHPSOR\HGZLWKLQWKH EXVLQHVVLQWHUQDODXGLWVFDQKHOSSXWDVWRSWRILQDQFLDOPLVWDNHVDQGJLYHD KHDGVXSRQDFRPSDQ\¶VJRDOV%XWWKH\FDQDOVRH[DPLQHWKHZD\LQZKLFKD EXVLQHVVRSHUDWHVDQGKRZLWLVPDQDJHGWRHQVXUHWKDWHYHU\WKLQJLVIXQFWLRQLQJ SURSHUO\ )RUEXVLQHVVHVZLWKVKDUHKROGHUVRUERDUGPHPEHUVDQLQWHUQDODXGLWPLJKWEH FDUULHGRXWWRJLYHWKHPDQXSGDWHRQLWVILQDQFHV ” ([WHUQDODXGLWV &DUULHGRXWE\DWKLUGSDUW\VXFKDVWKH,56RUDQLQVXUDQFHFRPSDQ\H[WHUQDO DXGLWRUVDUHERXQGWRFRPSO\ZLWKDVWULFWVHWRIVWDQGDUGVIRUDXGLWLQJNQRZQDV µJHQHUDOO\DFFHSWHGDXGLWLQJVWDQGDUGV¶RU*$$6,WPD\EHWKDWWKRVHDXGLWRUV VFUXWLQL]HDEXVLQHVV¶VILQDQFLDOUHFRUGVDVDZKROHRUWKH\PD\IRFXVLQRQ FHUWDLQDVSHFWVRIDFRPSDQ\¶VRSHUDWLRQV ” ,56DXGLWV ,IDGLVFUHSDQF\ZDVGHWHFWHGZKHQDVPDOOEXVLQHVVWD[UHWXUQZDVILOHGDQ,56 DXGLWPD\EHWULJJHUHGRULQVRPHLQVWDQFHVLWPLJKWEHFKRVHQIRURQH UDQGRPO\,I\RXUVPDOOEXVLQHVVLVEHLQJDXGLWHGE\WKH,56\RX¶OOUHFHLYH ZULWWHQQRWLILFDWLRQLQWKHPDLODQGLW¶VDOZD\VEHVWWRVHHNKHOSIURPDQ H[SHULHQFHGWD[SURIHVVLRQDODVVRRQDV\RXUHFHLYHWKLV +RZWRSUHSDUHIRUDQDXGLW ,W¶VLPSHUDWLYHWKDWLQDGYDQFHRIDQDXGLWEHLQJFDUULHGRXWEXVLQHVVHVJHWWKHLU ILQDQFLDOUHFRUGVXSWRJHWKHUDQGRUJDQL]HG7KHEHVWZD\RIHQVXULQJWKDW\RX¶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