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Old 03-04-2009, 10:30 AM   #1 (permalink)
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Question Help For USA Tax Managing ????
Hi,

For my business as a online entrepreneur and internet marketer I'm using ONLY PAYPAL as a method for earnings and business expenses.

How can I do my bookkeeping, what records I have to have as proofs for expenses.

Is it enough to have just Paypal records?

How need to look my paperworks, records...

How I can manage my USA TAX responsibility in this case that I'm working through PayPal only?

When I can find information for such a thing?

How are You doing that?

What are yours records?

What are you collecting?

Is there any of you who has experience in audit with IRS?

What type of documents are they looking for business expenses if you using ONLY PAYPAL?


Thanks,
Nikola
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