Frederick W. Daily

Attorney (University of Florida Levin College of Law)

Frederick W. Daily spent over 40 years as a tax attorney, helping individuals and small business owners make smart tax decisions and stay out of trouble with the IRS. He was featured as a tax expert on Good Morning America and NPR, and in publications including Money Magazine, U.S. News & World Report, Newsweek, The New York Times, and the Chicago Tribune. He authored Stand Up to the IRS and Tax Savvy for Small Business. Frederick passed away in 2019.

Articles By Frederick W. Daily

What Auditors Look for When Examining a Business
Know what an IRS auditor looks for when examining your business and its records.
How to Hire a Tax Professional for Your Small Business
Make sure you get the right tax pro for your business.
How to Prepare for a Business Audit
Tips for success if your business is audited.
How to Deal With the IRS if Your Small Business Has Tax Debt
If your small business owes taxes, how should you handle the IRS?
Deducting "Ordinary and Necessary" Business Expenses
Understand how to reduce your business taxes by deducting your business expenses.
Why the Self-Employed Are Audit Targets
The IRS keeps a close eye on self-employed individuals. Here's what it looks for.
Choosing the Right Business Record-Keeping System
One of the first things any new business must decide on is how its records will be kept. Accurate record keeping is a key to many aspects of your business's success -- from assessing your operation's profit margins to ensuring that you're in compliance with IRS tax rules. Luckily, the IRS does not require