Attention Sole Proprietors! Did you know if you file a Schedule C with your tax return -- and most sole proprietors do -- you're among the highest risk group to be audited?
Here's an article I found on CNN Money about 5 Audit Red Flags you may want to be aware of, especially since tax time is just around the corner!
Now's the time to start getting your paperwork in order. And, if you don't use an accounting software program -- start now! It's not too late to start for 2005. I have used Quickbooks for 9 years and highly recommend it. It's easy and intuitive to use.
