{"id":743647,"date":"2022-12-15T17:50:02","date_gmt":"2022-12-15T21:50:02","guid":{"rendered":"http:\/\/spaceweekly.com\/?p=743647"},"modified":"2022-12-15T17:50:02","modified_gmt":"2022-12-15T21:50:02","slug":"audits-can-bring-bad-news-or-benefits-to-small-businesses","status":"publish","type":"post","link":"https:\/\/spaceweekly.com\/?p=743647","title":{"rendered":"Audits can bring bad news or benefits to small businesses"},"content":{"rendered":"<p>An IRS audit can be a terminal event for a small business, especially if it&#8217;s found to have underpaid its tax liability. Beyond the direct costs of paying owed taxes, audits impose operational costs that may threaten a company&#8217;s ability to stay in business, according to a new Texas McCombs study. But the study also found that tax audits can have side benefits, causing companies to make changes to improve their tax efficiency.&#013;<br \/>\n&#013;<br \/>\n&#013;<br \/>\n Click here for original story, <a href=\"https:\/\/phys.org\/news\/2022-12-bad-news-benefits-small-businesses.html\" target=\"_blank\" rel=\"nofollow noopener\">Audits can bring bad news or benefits to small businesses<\/a>&#013;<br \/>\n&#013;<br \/>\n&#013;<br \/>\nSource: Phys.org&#013;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>An IRS audit can be a terminal event for a small business, especially if it&#8217;s found to have underpaid its tax liability. Beyond the direct costs of paying owed taxes,&hellip; <\/p>\n","protected":false},"author":1,"featured_media":615444,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[41],"tags":[],"class_list":["post-743647","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-phys-org"],"_links":{"self":[{"href":"https:\/\/spaceweekly.com\/index.php?rest_route=\/wp\/v2\/posts\/743647","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/spaceweekly.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/spaceweekly.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/spaceweekly.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/spaceweekly.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=743647"}],"version-history":[{"count":0,"href":"https:\/\/spaceweekly.com\/index.php?rest_route=\/wp\/v2\/posts\/743647\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/spaceweekly.com\/index.php?rest_route=\/wp\/v2\/media\/615444"}],"wp:attachment":[{"href":"https:\/\/spaceweekly.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=743647"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/spaceweekly.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=743647"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/spaceweekly.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=743647"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}