Tax tip-Credit Card Statements

Did you know credit card statements will not suffice for business tax deductions? Why?  A credit card statement does not provide enough detail of what was purchased or indicate whether an item was for business or personal use. Ensure to keep detailed receipts attached to all reconciled credit card statements.

 Click here to find out what type of records you should keep. 

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About All About You Accounting, LLC

With over 15 years experience in accounting, along with a Bachelor of Science Degree in Accounting and Business, organizing businesses and streamline processes are my specialty. In 2014, I decided to pursue my dream of being self-employed and assisting others with their accounting needs, internal controls, streamlining processes and organization.

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