Posted by GordoSD on February 08, 2014 at 15:56:10 from (216.106.242.97):
In Reply to: Re: tax question-tires posted by JD Seller on February 08, 2014 at 14:11:28:
I assume you keep daily records in many categories for the year Like, seed, pesticides, fuel and lubricants, parts,repairs, and so forth. All in one file on the computer. At the end of the year add up the costs column, and print it out. This will speed up your preparer's work and be your permanent record for annual expense. You DON't send this to the IRS, just the category expense total. They will never have a chance to go through each category looking for "errors" In event of an audit you would of course produce this itemized list.
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