Documentation

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Do I Need a Receipt for Charitable Contribution Less than $250?

By | April 20th, 2017|Categories: Potpourri of Tax Topics|Tags: , , |

Question from a client: One of the charities I donate to told me that I don't need a receipt unless I donate $250 in one year...is this true...even if I get audited? Answer: Yes.

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Proper Documentation of Charitable Contributions

By | February 15th, 2017|Categories: Potpourri of Tax Topics|Tags: , , , |

Questions often arise about how to properly document charitable contributions. Here’s a brief overview.

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Getting Your Business Off to a Good Start, Part 1: Proper Recordkeeping

By | December 7th, 2016|Categories: Small Business Tax and Accounting|Tags: , , |

Recordkeeping refers to recording the transactions that take place within your business. Documentation refers to the proof of the numbers in your recordkeeping system.

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Proper Documentation of Business Expenses

By | August 14th, 2014|Categories: Potpourri of Tax Topics, Small Businesses Taxes|Tags: , |

How to document business expenses

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