How To Prepare For a Tax Audit? Ways to Follow: Audits are standard practice for the Internal Revenue Service (IRS). The IRS chooses audits based on statistical formulas that analyze tax returns. Businesses must learn how to prepare for a good tax audit. Having your financial records audited can be a stressful experience. But, planning and preparation can help ensure a smooth and successful audit. While the likelihood of an audit is low, they do occur. This article outlines some of the triggers that increase the likelihood of an audit. It also advises on how to handle an IRS audit if one occurs. #business #money #finance #paystubnow https://www.allaroundmoving.com/how-to-prepare-for-a-tax-audit-ways-to-follow/