Find Out if Your Deductions Will Get You Audited

As scary as the auditing process is, there is a way for small business owners to combat the auditor. And that’s by arming yourself with knowledge, of course!

The IRS decides to audit by following a formula. They compare your return again industry “norms” and if a line on your return seems suspiciously different from industry standards, your return gets kicked up the chain until an auditor decides if its time to give you a call (or send you one of those ominous IRS letters.)

But are those industry standards? Choose your industry from the dropdown box below and find out.

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