Stephanie Chandler, our official Small Business Growth Expert
Though I read the letter three times, there was no mistaking the grim news: I was being summoned to the IRS for an audit. I had an instant flashback to the third grade when I was called to the principal's office. I didn't know what I had done, but it must have been something bad.
After a tense conversation with my husband, I called my accountant. "You have nothing to worry about," she assured me. "We have everything in order."
The letter indicated that I needed to bring several items including bank statements, credit card statements, the prior year's tax return, and charitable contribution receipts. To my great surprise (and relief), my accountant informed me that she kept copies of all of my statements. I had them too, but mine weren't exactly in good order. I subscribe to the "shoebox" method of filing. It would have taken days to locate everything I needed.
Read Stephanie's entire article How I Survived an IRS Audit (and How You Can Too!)
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