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Yes, but you are required to retain much more detailed records and produce them upon request.
by superuser2 10y ago
Yes, but you are required to retain much more detailed records and produce them upon request.
- tyingq 10y agoIn unusual circumstances, like an audit perhaps. Many small businesses go their entire existence without sharing detail level transactions with the government. So, when it's proposed, it's unusual, and is worthy of concern.