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Rather than pay high-priced consultants to dissect your business, seek free or low-cost advice. SCORE, the Small Business Administration’s Service Corps of Retired Executives, has nearly 12,000 retired business owners who provide free counsel by phone. Call SCORE at (800) 634-0245 for a referral to the chapter in your region, or pose questions at http://www.score.org. Also contact your local university, especially if it has a business school; many students and even some professors are willing to provide free input answer your questions.
Payroll tax audits are increasing at both the state and federal levels. And the IRS has launched what experts are calling "the most significant audit initiative in decadesâ aimed at fringe benefits, exec comp and payroll taxes. Are you prepared to receive an audit letter? Do you know what triggers an audit â¦ and how to avoid one in the first place?...Click here to find out more.