Catching the Auditor’s Eye


NUMEROLOGY

Not all business types fared equally in last year’s IRS enforcement efforts.

For the 2006 fiscal year, S corporation and partnership audits rose 34% and 15% from 2005, respectively, while audits of small businesses remained constant and efforts against large corporations—those with more than $10 million in assets—actually fell more than 2%.

Source: IRS, www.irs.gov .

SPONSORED REPORT

Cybersecurity threats proliferating for midsize and smaller businesses

This report details how SMBs can properly protect private information from breaches, design and implement a cybersecurity policy, and create safeguards for training and education.

QUIZ

News quiz: Senate health care bill in the spotlight

Reports related to the Republican bill to repeal many provisions of the PPACA, other tax issues, and the giant AICPA ENGAGE Conference offered a diverse reading list for June. See how much you know about recent news with this short quiz.