Lord Breakspeare Callaghan LLC COMMON RED FLAGS THAT TRIGGER IRS AUDITS Few things are as nerve-wracking for a business owner as an IRS audit. While audits can happen at random, certain red flags increase your risk significantly.We’ve seen how small mistakes can lead...
Lord Breakspeare Callaghan LLC Tax Errors Can Be Financially Devastating DIY bookkeeping may seem simple at first glance, but its hidden costs—both financial and emotional—can be substantial. IRS Penalties Add Up Quickly Inaccurate bookkeeping can lead to filing...
Lord Breakspeare Callaghan LLC Impacting title or subtitle of the article. The Risks of DIY BookkeepingCommon errors include:Misclassifying personal expenses as business expenses.Forgetting to record cash transactions.Failing to track deductible expenses.The Cost of...
Lord Breakspeare Callaghan LLC Mixing Business and Personal Expenses Could be Costly Mistakes for Your Business. Violation of tax codes and not separating business and personal expenses could be costly mistakes for a small business. Let Lord Breakspeare Callaghan LLC...
Lord Breakspeare Callaghan LLC Lack of Accounting and Tax Experience Can Have Serious Consequences for Small Business Owners. Lack of accounting and tax experience can have serious consequences for small business owners. Let Lord Breakspeare Callaghan LLC help with...