Electronic Records
As more small business taxpayers are going paperless, they are using accounting software to maintain their books and records electronically. Electronic records can include databases, saved files, e-mail, instant messages, faxes, and voice messages.
| 7 months ago | Recordkeeping
Use a recordkeeping system that accurately reflects your income and expenses. Records must support all income, credits and deductions listed on your tax return. Keep all receipts, payment information and tax information in one location to make filing taxes easier when the time comes.
| 1 year ago |
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