If you are audited by the IRS, it is often several years after the end of the year being audited. It is unfortunately very common to be unable to produce the receipts, bills, or other written documentation for all the items the auditor is questioning. That’s when you and your accountant will need to reconstruct your records. In this video I discuss you can legally reconstruct your audits and how to best get the documentation at the time of the transaction.
C’mon over to the Small Business Profit Maximizer Facebook page at https://www.facebook.com/BusinessProfitMaximizer/ where I am sharing business profit maximizing moments that you can use to quickly increase you can double, triple or even 10X your bottom line while creating a more hassle free business. Be sure to like the page and follow it so you will be notified when I am live and can ask questions live..
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Be sure to check out my blog, “Small Business Profit Maximizer!” Where I share these videos and other ideas you can use to make this your most profitable year ever! Click https://wjb-cpa.typepad.com/ to go to the blog page. .
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As a gift to you for watching and following my videos, go to https://profitmasters.mykajabi.com to access the following free courses that will help you increase profits and your bank account balance:
- Double Your Business Profits in 30 Days!
- Turn to Your Customers When You need Cash Now!
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Finally, if you have a question or wish to talk to me you can email me at Wayne@wjb-cpa.com or call my office at 915-857-8158. .
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Thanks so much and let’s make this our most profitable year ever!