NEWSLETTERS
DON’T BE A JENNY.
“Hey folks! Quick question—do you eat IRS penalties and interest for breakfast? Yeah? With a side of regret and a tall glass of financial ruin?
Because let me tell you, business owners? They do. Regularly. It’s like their secret menu item at the Taxpayer Café.
Now, most small business owners have no idea they're racking up penalties like they're collecting Pokémon. Seriously. The IRS says ‘follow the rules’ and most people are like, ‘What rules? I thought TurboTax had me covered!’
Let me introduce you to Jenny.
Jenny’s a daycare owner—great lady, loves kids, hates spreadsheets. She tracked her business finances the way most of us track our diets: loosely, with a lot of wishful thinking.
Every year, she’d hand us this beautifully organized summary: money in, money out. Looked like a Pinterest-worthy budget sheet. But when the IRS came knocking for an audit?
Oh boy.
Jenny was missing everything. No Profit & Loss. No Trial Balance. No Receipts. No asset statements. No idea how $50K from her parents magically appeared in her business-slash-personal-whatever account. It was like watching an episode of CSI: Tax Fraud Unit.
IRS: ‘What’s this deposit?’
Jenny: ‘A gift!’
IRS: ‘Any proof?’
Jenny: ‘My mom said it happened!’
Folks, you can’t just pull out a text from your mom that says ‘Love you, hope this helps’ and expect the IRS to say, ‘Oh cool, all good then!’
So here’s what happened: Jenny’s business was making about $90K a year, but after the audit? IRS says she owes $25K per year for the last 3 years, PLUS penalties, PLUS interest. Grand total? $115,000. And THEN they said, ‘Hey, let’s look back another 3 years.’ Boom. Now she owes $245,000.
Oh—and the State of California saw what the IRS did and went, ‘Hold my beer.’ They hit her with another $90K.
All this? Because she thought bookkeeping was just a fancy word for "I'll do it later."
Look, we told her—“Get tax-ready bookkeeping. It’s like flossing. You don’t want to do it, but if you skip it, you’re gonna pay through the teeth.” Literally.
We helped Jenny clean it up as best we could. But the time, the cost, the stress—she aged five years in IRS minutes.
So I ask you: Are YOU a Jenny?
Do you hear “audit” and suddenly your soul leaves your body?
Don’t wait until you’re crying over a shoebox full of receipts and expired Chick-fil-A coupons. Let us help you get your books in order before Uncle Sam shows up like the repo man of taxes.
Visit our site. Schedule a free consultation. Save yourself from becoming the punchline of your own audit story.
Thank you, goodnight—and may your ledgers be forever balanced!”