statements enough to show the IRS how much I made?
January 22, 2009 by Tax Blog
Filed under Questions & Answers
Allen S asked:
I am self employed and deposit the money I make into my bank account as soon as it is received. Will my bank statements be suffient documentation to show the IRS how much I made last year? I was told I need to have a ledger or journal. What should I do?
I am self employed and deposit the money I make into my bank account as soon as it is received. Will my bank statements be suffient documentation to show the IRS how much I made last year? I was told I need to have a ledger or journal. What should I do?