We provide scalable accounting services for businesses of all sizes. Call us today for a free consultation to find out how we can help. Mark Dicus and Company is you premier choice for Accounting services whether you are here locally in the Las Vegas area or anywhere in the world. If you are looking for an experienced US based firm, then look no further.


We provide a comprehensive range of services in the areas of financial management, operations, risk management, strategy and technology. We offer a customized approach to our services that's based on your needs. Additional business services include: Bookkeeping, CFO Services, Cash Flow Management, Strategic Business Planning, Tax Strategies, and more.


We can assist in managing and minimizing all aspects of our client's tax liability, including, but not limited to, Federal, State and transfer taxes. Advance planning results in substantial benefits and allows time for developing alternative tax strategies. We also provide businesses period-end closing, financial statement preparation and budgeting on scheduled.

Why Do Business Owners Get Audited in Las Vegas, NV? Sudden Loss of Income, Unusual Tax Deductions & More

For many business owners, the idea of an IRS audit seems like your worst nightmare. Anytime the IRS thinks that something isn’t right with your business earnings and tax documents, you could be facing an audit. This is a close look at all of your financials and business practices to ensure there aren’t any errors that could result in more tax money. Mark Dicus & Company is here to share some red flags that could lead the IRS to perform an audit on your business.

Is there a Limit on Itemized Deductions?

For business owners, it is usually advantageous to take itemized deductions rather than standardized deductions. The way that the IRS keeps tabs on the amount of deductions that your business should be taking depends on the tax bracket you are in. They know about how many itemized deductions a business in your tax bracket should be taking, and if you exceed that number they may want to take a closer look at things. As long as you have done everything you should and aren’t breaking any rules, you should be fine.

Sudden Loss of Income

Based on your experience, years in business and the profession you are in, the IRS knows about how much you should be making each year. This is especially true if you have steadily been making more and more each year for the past several years. When there is a sudden drop in your income, this is a red flag and could result in an IRS audit. There are obviously some things that could cause you to bring in less money than you have in years’ past, but you do need to be ready to explain those reasons.

Unusual Tax Deductions

One of the main benefits of being a business owner is the amount of tax deductions that you have as opposed to the regular tax payer. You can deduct things like business travel expenses, office supplies, business meals and more. However, some business owners can take this too far. It is important to note that you should always keep imaculate records of all your expenses that you plan to deduct so that you can explain each and every one of them in the case of an audit.

Earning a High Income

If you are earning more than $200,000 in a year, you are much more likely to be audited. In fact, you are four more times more likely to be audited than those that earn lower than that. There isn’t much you can do about this, other than know it could be coming and have all your ducks in a row.

Tax Planning Strategists in Summerlin, North LV, Henderson, Lone Mountain Village & Greater Las Vegas, Nevada

Keeping all of the financial records and tax documents organized filed correctly so that you can avoid an IRS audit. At Mark Dicus & Company we will ensure you are as protected from this as possible. We have the experience and the training to ensure your taxes are done right. Call us today!

Accounting, Consulting & Tax Services in Greater Las Vegas NV, Cedar City UT, Seattle WA, San Francisco CA, Milwaukee WI & More