Advantages of Keeping Good Records
Good recordkeeping will simplify your tax filing for the year. If your return is selected for an audit, good documentation will decrease the amount of time in an audit.
The sloppier the recordkeeping, the greater the likelihood you face an adverse adjustment to your tax return in an audit.
It takes diligence, and a good system for retaining your records. It will definitely benefit you and strengthen your defense in an audit.
I am a CPA in San Antonio and provide bookkeeping, payroll, taxes and more. We offer a free initial visit and look forward to serving your business needs.
Richard J. Garcia | 10/12/2011