What the IRS Will Not Do

With tax season almost upon us, many different fraudulent schemes come about in order to extort money from all of the hard-working taxpayers. The IRS does want what is coming to them, but it goes about it the legal way. There are several people that officially do not...

Guidelines for record keeping

Three Years (from Date of Filing Return or Due Date of Return, Whichever Is Later) Bank deposit slips Cancelled checks Daily sales records Entertainment records Expense reports Paid vendor invoices Written acknowledgment from charity for contributions of $250 or more...

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