Ledgerment

Short answer: Probably not this year.

Long answer: That’s the wrong question.

For most taxpayers, the odds of an audit in any given year are relatively low. But good recordkeeping isn’t about worrying about what happens this April. It’s about being ready if the IRS looks at the return years from now.

The IRS generally has three years to assess additional tax. That can extend to six years when more than 25% of gross income is omitted, and there is generally no assessment time limit for a fraudulent return or when a required return isn’t filed.

So the better question is:

If this return gets examined in 2029, will you still have the records to back it up?

By then, you either kept the documentation or you didn’t.

That’s why things like mileage logs, receipts, supporting documents, and reasonable S corporation compensation matter. Good documentation isn’t about fear. It’s about being able to substantiate what was reported on your return if questions ever come up. The IRS itself advises taxpayers to retain records supporting income, deductions, and credits for as long as they may be relevant.

Compliance may not be the exciting part of running a business, but it can make a significant difference if your return is ever examined.

Have questions about what records your business should be keeping? That’s exactly what we’re here for.

We are officially one of the 2026 Baytown411 Cream of the Crop Banking & Finance Finalists.

As a school chess champion, Aaron Saaiman now applies strategy a little differently.

Instead of planning his next move across the chessboard, he’s helping Houston contractors think a few moves ahead with their taxes.

Good tax strategy isn’t about reacting when the IRS comes knocking. It’s about planning ahead, making smarter moves throughout the year, and building a strategy around where your business is going.

Because in chess and in tax, the best moves are made before you need them.

“One of the things I’ve appreciated most about my first year at Ledgerment is the flexibility, while still being challenged to grow and take on new responsibilities. It’s been a year of learning, growth, and being part of a team that genuinely supports one another.”

One year of Gina at Ledgerment!

Over the past year, you’ve continued to grow, embrace new challenges, and make a real impact as part of our team.

We’re grateful for everything you bring to Ledgerment, and we’re excited to see what year two has in store.

What happens over a Mars bar stays over a Mars bar. Right, Aaron Saaiman?

A bit of Ledgerment team bonding under blue skies and sunshine.

Riaan makes tax notice problems disappear (legally).

If you’re a restaurant owner in Houston and have a tax notice you need to deal with, don’t let it sit there and become a bigger problem.

Reach out to us. We’ll help you figure out what comes next.

When someone asks for a recommendation for an accounting firm, we could tell you why to choose Ledgerment…

But we’d rather let our clients do the talking.

“Hands down the best decision we made.”

That’s the kind of experience we aim to deliver for every business we serve.

Looking for an accounting partner who feels like part of your team? Let’s talk.

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