TaxAudit Blog

Tag: small business

Grandmother driving Grandchild

My wife drives to transport our granddaughter to our house to watch for the day. Is this to-and-from mileage deductible as a job-related expense?

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closed - out of business sign

There are several federal and state agencies that may have an interest in questioning a business’ operations, income, and expenses after it is closed.

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small business owner

If you are the sole proprietor, the chance of being selected for audit by the IRS is 4.5 to 12 times higher than it is individuals without a business.

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distressed business owner looking at paperwork

The fact is that running your own business increases your chances of being audited by the IRS or your state tax agency.

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