Importance of hiring a part-time CFO

"The Internal Revenue Service has sent out letters to 20,000 small businesses since fall 2012, notifying them of "possible income under-reporting." The IRS is cracking down on small businesses Small Business & Obamacare The IRS says it is trying to identify businesses that get "an unusually high portion" of their reported sales through credit card transactions. The thinking is that a lot of cash transactions might be going unreported."

Source of article and full article
http://money.cnn.com/2013/08/19/smallbusiness/irs-crackdown/index.html?iid=SF_SB_River