An IRS audit is a review of a person's or organization's books, accounts, and financial records to make sure the information and amount reported on a tax return are correct. Just because you receive a tax refund, it doesn’t mean you're safe from audit selection, and amending your tax return doesn't remove the original one from the selection pool.

While some IRS audits can be random, there are plenty that stem from the same handful of red flags. There's no reason why you shouldn't take steps to avoid committing these faux pas.

You blinked, and half the year is gone. The next six months come on fast, and every week that passes without tracking your business expenses is money left on the table come tax season. Most business owners think of deductions as a December problem, something to figure out right before tax time rolls around. But waiting until the last minute like that almost guarantees you'll miss expenses that can knock quite a bit off your tax liability. In this blog, we're breaking down the