Tax Time Without Records? How to Properly Create Support and Estimates
Episode description
As an entrepreneur, running a financially healthy business is the goal, so part of achieving this lies within making sure that you aren’t under-reporting income or overstating deductions and have the evidence to back it up if the IRS comes calling!
In this episode, we're making sure you're covered by diving into:
• Why you should track income and deductions as you go.
• Why you should save all supporting documents.
• How to keep all of your records both digitally and manually.
• How to properly prepare estimates when records aren’t available
Brought to you by @switchandboard
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