Past Tax Filings: Will Bookkeeping Cleanup Force You to Amend Returns?

Past Tax Filings: Will Cleanup Require Amending? Infographic Thumbnail

Many business owners hesitate to fix their financial records because they fear the consequences with the IRS. Specifically, a common anxiety is that organizing historical data will automatically trigger a mandatory change to past tax filings, leading to penalties or audits. Consequently, this fear often paralyzes entrepreneurs, leaving them stuck with messy books for years. […]