Preparing for a business tax audit involves organizing financial records, understanding tax obligations, and ensuring compliance. Small business owners should review deductions and credits claimed, maintain clear documentation, and be ready to answer questions. Effective tax p...

To conduct a tax audit for your small business, gather all financial records, verify income accuracy, validate expense deductions, ensure compliance with tax laws, review depreciation schedules, assess tax credits, document findings, consult a tax professional if needed, imple...

Preparing your Shopify business for a sales tax audit is a proactive step that can save time, resources, and potential penalties in the long run. By maintaining meticulous records, reconciling sales, tax reports, and ensuring ongoing compliance, shopify sellers can navigate th...

In today’s world, the very purpose of starting up and conducting business is changing. Often businesses are started with a clear vision of attaining a higher valuation level and selling the business to relevant buyers. With such a shift in focus and with the increased activity...

An audit is not merely a formality; it is a necessity to protect your business and encourage it to thrive in constantly evolving regulatory environment. Early warnings, open communication and pragmatic solutions of issues are essential features of audit approach adopted by AJS...