Sound familiar?
You're doing your own taxes because you can't afford a CPA, and you're hoping you don't trigger an audit. Self-employed individuals are audited at 3x the rate of W-2 employees, and DIY accounting with unsupported receipts and wrong categorization is a red flag. This fear haunts you all year.
I can't afford a CPA so I'm doing my taxes myself and hoping I'm not triggering an audit
Sole proprietor, via Twitter/X
Self-employed individuals are audited at approximately 3x the rate of W-2 employees
Source: Silver Tax Group
Poor financial management can result in late fees from the IRS and draws focus away from the business activities that actually generate revenue
Source: LinkedIn/Margo Masri
The KiwiBooks fix.
Receipt attachment and documentation
Every transaction has a receipt attached or is documented. If the IRS asks, you have proof. No 'I don't remember' moments.
Correct expense categorization
Smart categorization means expenses go where the IRS expects them. No red flags, no questionable deductions, no audit triggers.
Mileage tracking and proof
Business mileage is tracked with dates and purposes. If audited, you have IRS-compliant documentation ready.
CPA review for peace of mind
Have a CPA review your books before filing. Catch any audit risks and fix them before you submit to the IRS.