1: Manage to keep all of your receipts to hold evidence of all the subtracted expenses and purchases you have asserted.
2: Manage to keep all of your checks accordinged to the purchase order in which they were paid. In the memo, make sure that you include anything clear that will not be confusing to the auditor.
4: Submit and keep all of your forms that you receive.
5: Use terms that is proper in all of your bookkeeping access. Ensure that anything is detailed and correct. Short terminologies for example, "labor" and "gift" must be eliminated.
6: Possibly, create checks for specific products rather than one huge bill. Make an effort to avoid lumping acquisitions into one transaction.
8: When buying capital objects, like equipment, make certain you put them in your resources purchases in addition to on your depreciation schedule. Prevent noting them as repairs. All of the items that get an useful life of over one year are considered a funding item.
9: Make certain you have indeed a coordinated filing system. This will really help you get through the tax audit if you can discover the things that are asked for more promptly.
10: Try to keep a journal on all operations that may be difficult for the auditor to understand all throughout the year. It is hard to keep in mind why you made particular investments one or two years after the issue.
11: The minute being audited, only give the accountant what they ask for and never more. Auditors are trained to dig as broad into your company as they please. If you provide them more than they request for, they may locate other small things that may raise other problems that they may not have been definitely considering inquiring about.