TopHot
How does the IRS verifies expenses for a small business
How does the IRS verifies expenses for a small business Let’s say someone opens a small business and makes $500,000 in sales and has $200,000 in expenses. Can the owner just say the business had $400,000 in expenses to avoid paying taxes? How does the IRS even verify this?
submitted by /u/MoreCranberry3
Category:
