Two Big Issues with Recordkeeping for Tax Purposes The records you keep provide the documentation to support the deductions and expenses claimed on your tax return. There are two big issues. Big Issue One. The first issue is that you need to prove that the expense is deductible. To do this, you must always keep […]
Category Archives: bookkeeping
10
Oct
Oct
We would like to welcome Donell as the newest accountant to our Firm. I had an interesting experience as we were interviewing accountants for the position. Many of the candidates claimed that they were bookkeepers and accountants. What I discovered is that many think that they are accountants because they can input data into QuickBooks. […]