We had to amend our taxes this year due to a rogue W2 that crossed the finish line late. Between that and my use of the schedule C form for the photography business, I have been assured by TurboTax that I am at the flaming red, high end of the scale for audit risk. Somewhere between Martha Stewart and Al Capone. I can't say that pleases me. I am going to stop at the drug store on the way home today for a big jar of petroleum jelly, just in case I am missing a few receipts.
1 comment:
Don't worry dude. You're making a legitimate stab at the business and the IRS understands that having reciepts that are less than expences is expected in start ups.
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