IHAQ- Catherine Tindall: Why do Small Businesses get Audited?

Today on IHAQ, we welcomed Catherine Tindall, CPA, Strategic Tax Planner, and Partner at Dominion Enterprise Services.

Sticking with a current theme of small businesses and tax season, we asked her why small businesses get audited.

Catherine said the most common reason small businesses get audited is when they DIY their taxes.

DIY culture is in the nature of most small businesses, but it’s definitely best to leave taxes up to the professionals if you want to avoid a time-consuming audit.