Are credit card statements sufficient to prove expenses to the IRS for small business?

Answered by:

Anna Halaburda

TRiUMPH Business Services LLC
25 Questions answered
Answered on March 19th, 2018

No. While it shows the expenditure in many cases the IRS specifically goes to the original receipts. Was the purchase at the office supply store cases of paper or furniture?

With today’s technology get a scanner (Fujitsu makes a very good small footprint scanner) and scan in those receipts and take the few extra minutes to save your backup and preserve those deductions


See all 70 answers