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Even small financial missteps can lead to hefty IRS penalties—avoid these costly mistakes before it’s too late.
Taxes can be complicated, and even minor accounting errors can lead to massive IRS penalties. Whether you’re a small business owner, an independent contractor, or simply managing personal finances, one mistake could cost you thousands in back taxes, penalties, and interest. The IRS doesn’t take accounting mistakes lightly—if they suspect errors, they could audit your returns, issue fines…
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