How Mismanagement of Bank Account Create More Tax Liabilities and Penalties for the Business?

Managing a company’s bank account is essential for any business. Businesses create an official company’s bank account for the day-to-day business operations but often intentionally or unintentionally some businesses mismanage their company’s bank account which faces some serious consequences. Tax Audit Risk: If you mismanage your company’s bank account, you may have difficulties keeping accurate […]