Old 01-05-2012, 10:02 AM
  #12  
0tis
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Join Date: Mar 2010
Location: Northern California
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With the IRS - the burden of proof is on the taxpayer - so you must be able to document all business expenses - otherwise they might not be allowed then penalties and interest can be added - its really a sticky situation when its a home business - now if you have a brick and mortar store then its so much easier to document and claim all your income and expenses - just keep the personal stuff separate.
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