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Originally Posted by WiredGuy
Yup, I went through a 2 year federal investigation. Clean as could be. Had 2 accounting errors (we admitted to and paid for it), and too many business expenses related to travel. I thought they were all legit but hey, they'll find something to justify their time. It's not something I want to relive anytime soon.
WG
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Been through an audit myself as well that lasted over a year. Learned real quick that tax law is a lot like California's OSHA saftey laws. If you comply with all of them you are bound to be breaking some of them. Ended up with a few small penalties, a years worth of headaches and some big bills for a tax attorney.