I am a sole trader with a small business (I make about $35,000 per year). I prepare my taxes by putting all the payments from my clients and my expenses in a spreadsheet. Then I send this off to my tax agent and they do the rest. My tax agent is trying to sell me audit insurance. This is a big expense for me and I do not see the benefit. What is the added benefit? I have all my receipts in a folder, neatly organised. Don't I just hand that over if I am audited? I don't see the added value of insurance.
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3,939 views1 replies
1 replies
3,939 views
1 replies