Remove accounting online Remove cpas Remove Entertainment Remove financial statements
article thumbnail

What happens if you get audited and don’t have receipts?

xendoo

Also, Xendoo’s bookkeepers and CPAs have years of experience managing business record keeping. Hire a catch up bookkeeping service that also has tax CPAs. For example, if your deductions include certain expenses like entertainment, you can’t claim the Cohan rule. Table of contents Why do businesses need receipts?

audit 52
article thumbnail

What happens if you get audited and don’t have receipts?

xendoo

Also, Xendoo’s bookkeepers and CPAs have years of experience managing business record keeping. Hire a catch up bookkeeping service that also has tax CPAs. For example, if your deductions include certain expenses like entertainment, you can’t claim the Cohan rule. Table of contents Why do businesses need receipts?

audit 52