• Save Those Receipts and Documentation! – A little organization now can save money during an audit

    Save Those Receipts and Documentation! – A little organization now can save money during an audit

    Save Those Receipts and Documentation! – A little organization now can save money during an audit Too often during the course of an audit, the auditor throws out valid deductions. Not because they did not occur, but soley because you did not provide adequate documentation. Here are ideas to help solve this problem. When it comes to taking qualified deductions on your Federal Tax return three things must happen. First, you must recognize that an expense might be deductible on your tax return. Second, you must keep a record of the expense in an organized fashion. Third, you must have

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