What Is a Pre-Audit Readiness Review, and Does Your Business Need One?
I get some version of this question almost every time I bring up a Compliance Readiness Review with a business owner: “If I haven’t gotten an audit notice, why would I pay someone to go looking for problems?” It’s a fair question. Here’s the honest answer. A readiness review doesn’t exist to find problems for […]
Why Waiting Until You Receive an Audit Notice Is the Most Expensive Decision a Business Owner Can Make
Most business owners assume an audit begins the day they receive the audit notice. It doesn’t. An audit actually begins months—or even years—before that letter arrives. By the time a state auditor contacts your business, the transactions have already occurred, the records have already been created, employees have moved on, documents may be missing, and […]
Winners and Losers Under the New Tax Law
When major tax legislation is passed in Washington, the headlines usually focus on politics. But for business owners, investors, retirees, and working families, the real question is much simpler: “Will this help me or hurt me financially?” The proposed “One Big Beautiful Bill” is being promoted as a broad economic and tax reform package designed […]