Preparing Business Tax Returns That Avoid IRS Scrutiny and Audit Red Flags

The recently passed Inflation Reduction Act provides an additional $80 billion in funding for the US Internal Revenue Service (IRS) over the next decade, expected to translate to a big surge in IRS agent hiring and a significant increase in tax return auditing.

While more auditing is good for the government, since it generates more tax revenue, it’s not so good for the business community. It means the quality of your returns needs to be much higher to reduce the risk that you’ll face a time-consuming, costly audit.

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Read our guide to learn:

  • Common red flags in a business tax return that are likely to trigger IRS attention
  • A checklist of information to review in your business tax return
  • Common, costly tax return mistakes to avoid
  • Strategies to optimize your business tax credits and deductions

Download the White Paper