Q&A: What does the IRS want to see for an online business?

Question by curiouscat: What does the IRS want to see for an online business?
If the IRS were to audit me for my online business, what would they want to see? Thanks in advance!

Best answer:

Answer by v b
Proof of income.

How do you get paid? Credit cards? Paypal? Make sure you keep the records.

Just as important, proof of expenses. If you are claiming mileage to the post office, you’d better keep a written log of when, where, how far.

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