What You Need To Know About IRS Audits

The IRS recently released its 2018 Data Book, including information on its audit activities for the last fiscal year. This details what you need to know regarding your audit risk, how to prepare for and what to expect in an IRS audit.

Know the facts:

  • An IRS audit is a review to ensure your tax filings are reported correctly according to tax laws.
  • Both individual and business tax returns can be audited.
  • The IRS won’t initiate an audit by telephone.

IRS Audit Statistics

Is a Franchise Right for You?

From McDonald's to GI Tax, franchise businesses allow new entrepreneurs to open and run a company without having to start from zero. Marketing support and built-in brand awareness and processes ensure that you get up and running, positioned for success. Some of the most commonly asked franchising questions, along with their answers, are outlined below and can help you determine if this business model is right for you.

Is a Franchise Right for Me?

Did you know? Interesting facts about Independence Day

Most know that July 4th is a federal holiday, a/k/a Independence Day. And it marks the Colonies’ adoption of the Declaration of Independence on 7/4/1776, from Great Britain. While enjoying BBQ and fireworks, here are some fun facts you can share with your friends and family.