How does tax deduction work, what proof is good enough?

Do I take prints of paypal documents and credit card charges? (for ad spends)

 

This post should have been in General Business.

 

Yes, that's fine. You don't need to send them in, but you do need to retain them in your files for a few years (maybe 5).

 

Here is how tax deductions work.... Tax Attorney. People who pretend they know tax law are bound to get bit one day. Get an accountant or a real tax professional. Guessing about deductions or trusting TurboTax is a mistake.

The other option? Do what you want. When the audit comes and you end up with a tax lien, don't say you weren't warned.

 

to know more about tax deduction, go for professional tax relief attorney.