Category 4 Hurricane Irma Bearing Down on Florida Keys Irma â at one time the most powerful hurricane ever recorded in the open Atlantic â left more than 20 people dead across the Caribbean as it steamed toward the U.S.
What is a 'Qualified Opinion'. A qualified opinion is a statement issued after an audit is done by a professional auditor that suggests the information provided was limited in scope and/or the company being audited has not maintained GAAP accounting principles.
If your small business has been selected for an IRS audit, having qualified expense receipts is essential. You will need to be able to show the IRS auditor that all of the deductions that your business claimed on its return are viable.