Beware Of The Tax Man
Has your company been audited in the last 10 years?
Yes 14% No 86%
Growth rate was apparently not a red flag for the IRS. Audited companies had 20% annual growth on average, compared with 16% for unaudited companies.
Source: Telephone poll of 2,092 owners of businesses with 10 or fewer employees, United Group Information Services, Hurst, Tex., 1990.