Why Do Users of QBO Want to Align Their Company's

Multiple Choice

Why do users of QBO want to align their company's tax form with their company's accounts?

A) If they align both it is easier for the IRS to rely on their tax return and reduces their audit risk.
B) It allows more employees from the company to have input into generating their company's financial reports.
C) Banks will recognize their organization and view their system as more trustworthy.This increases their ability to obtain financing.
D) Information in the accounts feeds into lines on the tax return which reduces extra work needed at year end when tax returns are prepared.