The Internal Revenue Service might be shifting its focus to smaller companies, so it's important to know what to do in case your business ends up on its audit list. It's important to search for potential issues and to only provide information to the IRS that it has specifically asked for, Andrew Roberson and Brad McCormack write. "While it is easier to turn over to the IRS a pre-packaged deal book, doing so may raise issues the IRS was not inquiring about," they write.
How to handle an IRS audit
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