|
Posted by Bill Brown on June 21, 2006, 1:51 pm
Please log in for more thread options
Jenny wrote:
> I am a new small business owner.
>
> Do I need to keep canceled checks with invoices? I usually
> pay online and don't have canceled checks. Or if I used
> credit card, do I need to keep credit card statements with
> invoices? I DO keep all invoices and receipts. Just curious
> whether I have to keep canceled checks. I rather not keep
> them since I have invoices and receipts.
>
> thanks
More evidence is better if you get audited. For online
payments, print out the page that invariably appears saying
something like "Print this page for your records."
<< ======================================================= >>
<< The foregoing is intended for educational purposes only >>
<< and does NOT constitute legal OR professional advice. >>
<< >>
<< The Charter and the Guidelines for submitting >>
<< messages to this newsgroup are at www.asktax.org. >>
<< Copyright (2006) - All rights reserved. >>
<< ======================================================= >>
|