Nobody wants a surprise letter from the IRS. And when it comes to your business income, there are a few red flags that could draw attention even if you’re not doing anything wrong.

H.R. 1 proposes major small business tax updates, including childcare credits, HRA options, and 1099 changes. Employers with payroll should review potential benefits and compliance impacts now.

We're breaking down some of the biggest bookkeeping myths that could be slowing down your business growth.