Avoid Being Audited

With the April 15th tax deadline just around the corner, many business owners have prepared or are preparing their 2009 taxes. With taxes always comes the risk of being audited and as well all know, it’s never fun to have to deal with the IRS. The IRS can audit a business at random so it’s best to be prepared just in case it does happen. Being prepared can make the audit process a lot easier and less painful. Using a business consultant or coach can also help business owners in their efforts to be prepared for an audit.

Thursday Bram with Openforum.com talks about what you as a business owner can do if they’ve been audited or what they can do to prevent getting audited.

“Just the idea of having a problem with the IRS is enough to worry many business owners. The tax system can be difficult to deal with even at the best of times. When something goes wrong, it can be a long and expensive process to resolve.”
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Getting the Most from Google Alerts

As a small business owner if you don’t already have Google Alerts set up, it would be a good idea to do so. Google Alerts allow you to get updates on your competitors, track your own business and get updates on other important information of your choosing. It’s completely up to you what you’d like to receive alerts on. Getting useful or new information pertinent to your business can help you gain and edge and make your business a success.

Lisa Barone with Small Business Trends talks about the uses and benefits of setting up Google Alerts.

“As a small business owner, I prefer simple tools. I like having one tool that I can push to the limits over a slew of them that I have to manage. It makes my life a little easier and m processes more streamlined. Which is why I’m a huge fan of using Google Alerts.”
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