No one likes to think about being audited by the IRS. If you’re a small business owner and have concerns about the possibility of being chosen for an audit, take a deep breath and read on. Being aware of what triggers an audit enables you to be proactive. Here’s how to avoid a tax audit for your small business.

Just as sure as the daylight hours grow longer in the spring, tax time is one thing you know always rolls around each year like clockwork. For many, this annual assessment is preceded by headaches and stress, but we’re here to tell you that if you approach it strategically, tax documentation can be fairly painless. Here are some best practices for Small Business Owners in preparation for tax season.

All businesses face unique difficulties - some are simply seasonal, while others are brought on by natural phenomena. Each company has a special set of tools at their disposal to manage each hardship, and their owners generally have a specific approach to finding a solution. There is one indispensable tool, however, that can be regularly used to keep any company running smoothly and help them learn how to navigate tough times: Cash Flow Management.