Because a business tax return requires different tax forms than an individual tax return, the audit process is bound to be slightly different.
Small business audits tend to take a little more time because the auditor will likely have more records to review and examine. To track a small business’s income and ensure the business reported all income, auditors will need access to bank accounts, websites, and client records. The more records needed and the more income flowing through a business, the longer an audit will likely take.
Businesses can have some specific audit triggers, too. If your business partners or investors are being audited and problems are found, you may also be audited. There are also some distinct small business tax audit triggers that can cause the IRS to take a closer look at your business return.