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that's strictly for reimbursing an employee for an expense.
by toddmatthews 5y ago
that's strictly for reimbursing an employee for an expense.
- toomuchtodo 5y agoGood catch. I’ve been audited before, so I err on the side of caution and keep as much documentation as reasonably possible to substantiate business expense claims. Electronic storage is cheap, and audits are unpleasant. https://www.irs.gov/businesses/small-businesses-self-employed/what-kind-of-records-should-i-keep https://www.irs.gov/businesses/small-businesses-self-employe...
- toddmatthews 5y agogot it, makes sense, thanks
- toomuchtodo 5y agoThanks again for pointing out my mistake.