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Publication 583 Rev March Starting a Business and Keeping Records  Form

Publication 583 Rev March Starting a Business and Keeping Records Form

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hey it's chris from marketing during tough times and chris wilson coaching thanks for stopping by uh this is the latest edition of the business basics show and today's show is on a very boring but very essential topic and that is what records do you need to keep for tax purposes in your business uh this could be a very long boring video and instead i'm going to give you a shortcut that's going to make it a lot easier for you the internal revenue service or the irs has a publication publication 583 and is entitled starting a business and keeping records it is almost 30 pages long and it explains what records you have to keep so my advice to you is download this booklet print it out read it and then this is super important sit down with your tax professional with your accountant and determine how it applies to your business to your startup what records do you need to keep how long do you need to keep them i can't emphasize enough how important it is to have a tax professional on call for

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