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Follow on Google News | ![]() Empower Your Business - The Accountability Accountant™ Folasade Ayegbusi Releases New BookThe Audit Proof: 11 Steps to Audit Proof Your Business And Write-Off Everything by Folasade Ayegbusi will provide a comprehensive roadmap to financial resilience
By: The Accountability Accountant™ Folasade Ayegbusi In her comprehensive guide, Folasade Ayegbusi empowers business owners with the knowledge and strategies to safeguard their finances and navigate the complexities of tax audits successfully. The book is authored with expertise and clarity, providing practical insights and actionable steps to fortify businesses against potential audits and maximize tax deductions. From meticulously examining income to shrewdly managing expenses, the book progresses through key tax write-offs such as travel, meals, and entertainment, providing invaluable tips on turning routine activities into legitimate tax deductions. Readers will gain a deep understanding of distinguishing between hobbies and legitimate business pursuits, utilizing bartering effectively, optimizing auto and home office deductions, and navigating the nuances of cash donations and itemized deductions. Emphasizing the importance of internal controls, documentation, and consistency, the book lays the foundation for a robust audit-proofing strategy. Chapters on audit triggers, deduction maximization, and specialized tips for independent contractors offer invaluable insights for readers at every stage of their business journey. "The Audit Proof" offers a unique perspective on IRS audit triggers, guiding readers on how to avoid common pitfalls and adopt proactive measures. The book culminates in a powerful exploration of how to write off every tax deduction, providing a comprehensive roadmap to financial resilience. ### About Folasade Ayegbusi: Folasade Ayegbusi is known as The Accountability Accountant. As a child growing up in an impoverished area of Washington, D.C., Folasade recognized the potential for financial stability and a better way of life. Today, she owns and operates Suncrest Financials, offering small business financial services, payroll, insurance, bookkeeping, tax preparation, and personal coaching for business leaders. https://accountingwithfolasade.com End
Page Updated Last on: Jan 18, 2024
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