It’s a common problem for business owners; not understanding the rules and regulations for vehicle expenses. But the tax experts at Broussard Poché, LLP want you to know, if your business is audited, the IRS will most likely ask for mileage logs if you deducted vehicle expenses. Knowing the rules can save you lots of […]
If your company has a annual financial audit, you may receive an Auditor’s Management Letter as part of the final procedures. This often isn’t and shouldn’t be a bad experience–it can be an opportunity, if the recommendations aren’t seen as criticism. Management Letters are used to give businesses a comprehensive list of areas that need […]
