Question:  I  babysit for my only source of income. Should I keep records and if so what records should I keep?

Answer:  In General, if you are self employed you should keep records of all income and expenses.  See IRS pub 552 “Record Keeping for Individuals”,  pub 535 “Business Expenses”, and pub 583 “Starting a Business and Record Keeping”.

All of these publications any many other helpful tips and guides are available online at http://www.irs.gov/.

3 Responses to For the record

  1. anna says:

    Do i have to make an appointment to get my taxes done, or can just walk in.

  2. Steve Ray says:

    I have tried to call your office and left a message. Are you still in operation?

    We are nearly ready for tax prearation.

  3. admin says:

    Hi Steve and Anna, please call us at 817-367-0036 to schedule an appointment. We are open Monday through Thursday from 10-8 p.m, Friday 10-6, Saturday 10-5 and Sunday 12-4.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>