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Accountant Accounting Payment Business Operations Asking for Advice Show less

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

Answered by:
Debra L Daberkow-Wright from DLD Bookkeeping Solutions

Debra L Daberkow-Wright

DLD Bookkeeping Solutions
5 Questions answered
Answered on March 19th, 2018

No it is not, due to it does not show line items and sales tax. You need to attached the actual receipts you get from the store.


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