That’s the finding from a WalletHub study. Audited corporations that earn $250K – $1M pay more than 11 times higher penalties (as a percentage of adjusted gross income) than corporations earning $10M – $50M.
For year-round tax planning and essential information, check out my tax books – find the complete list of books here – and the free online supplements for each tax book right here on my site. J.K. Lasser’s Small Business Taxes 2014 has been nominated for a Small Business Book Award – voting is underway through May 28.
