Free Money Saving Tax Tips

Get money-saving tax tips delivered directly to your inbox twice a month.
Just enter your name and email below.

 

x - Not right now. I'd like to look around first.

Tax Fact #3: Small Business Owners Face A High Audit Risk

  • SumoMe

Fact: Small business owners are up to 940% more likely to be audited than W-2 wage-earners.

Business owners who are sole proprietors or single-member LLCs face a much higher risk of being audited than the average wage-earner. The IRS has targeted these taxpayers for increased scrutiny as it attempts to close the tax gap and reduce the federal deficit.

Want to share this infographic on your website? Just copy and paste the code below:

Leave a Comment