Topics: IRS, accounting regulations, financial management
Many businesses aren't sure how long records must be saved in the paperless era. Record-keeping is a boring, but important business activity, and if you make the wrong choices, you risk litigation, succession planning problems and the wrath of the tax man. Understanding how long should you keep business records will help you avoid these problems.
Topics: accounting, IRS, financial management
When a flood, fire, hurricane or other disaster strikes your business, you may suffer heavy property damage along.
Topics: IRS, accounting tips, internal audit
The IRS keeps the exact criteria it uses for auditing select business tax returns a secret. The audit process.
