1982vett":3jwns6bx said:
BK9954":3jwns6bx said:
Been saving all my receipts but that's getting old. I'd rather my CPA start taking care of that
Say what? .... you are still going to have to keep up with the receipts so you can give them to your CPA. The more information you give him/her the easier it will be for them to give you good service. The more questions they have to come back to you with and the more time they spend sorting through your stuff just means they will billing you more hours.
Saving receipts and documentation of such is a fact of life in any business.
This year I have been using the yearly invoice print outs from all of my feed stores, veteranarians, online vet supplies, sales at all of my auctions and purchases of hay from individuals and of course private purchase and sale of cattle. I dont save reciepts or claim mileage or truck cost etc.. First 2 years boxes of reciepts. . Will my CPA not digitize or save any of this in my file, or its still up to me?