BizSugar.com › Taxes › Will your small business be audited this year?

Now that the dust has almost settled on the 2009 tax filing season, small business owners who are already hard-pressed by the economy have something else to worry about: a knock on the door from an Internal Revenue Service agent.

IRS audits of small businesses increased by 41% from 2005 to 2007, while large business audits actually declined by 40%.

IRS Commissioner Doug Shulman, who testified at the House Small Business Committee hearing, outlined a number of steps the IRS is taking to mitigate the impact of federal taxes on small businesses. Many small business owners may not be aware of the various avenues now open to them. So, here is a quick rundown...