by aldariscpa_admin | Jan 25, 2021 | Auditing
Today, we’re going to be discussing how to minimize your audit risk. We’re going to identify the audit triggers and the red flags. This article is really catered for the self-employed people. This is sole proprietorships, single member LLCs, but it’s...
by aldariscpa_admin | Dec 13, 2020 | Auditing
Today we are going to be discussing what the chances are of getting audited by the IRS. The probability of you getting audited, it’s really dictated by three factors. The first factor is your income level. The second factor, it’s going to be the types of...
by aldariscpa_admin | Dec 19, 2019 | Accounting Industry, Auditing
Auditing and accounting are two of the most common terms in the finance world. Unfortunately, plenty of people still confuse these two services. In fact, even Hollywood isn’t safe from this confusion. For example, in the movie “The Accountant,” Chris Wolff, Ben...
by aldariscpa_admin | Dec 19, 2019 | Auditing, Small Business
A business audit decides the reliability of your business records. It can affect how your investors perceive your company. For example, a negative audit review can tell your stockholders that they cannot trust you in handling your finances. Seattle Bookkeeper Other...