As an entrepreneur, running a financially healthy business is the goal, so part of achieving this lies within making sure that you aren’t underreporting 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
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