Originally posted by SuzieBK
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Unfortunately for me, my "books" (okay, it's an Excel spreadsheet) are set up on an accrual basis.
I am not trying to suborn perjury or fraud
, but I do have a question. In the following situation:
* Sole proprietor, working alone out of a home office
* Taxes are filed yearly because my husband over-withholds to cover my not having anything withheld (and I don't make enough for the IRS to care)
* Only other official paperwork on me is the 1099s filed by my clients
Other than deposits into one of my bank accounts, how could anyone track exactly WHEN I did the work?
I am not trying to suborn perjury or fraud
, but I do have a question. In the following situation:* Sole proprietor, working alone out of a home office
* Taxes are filed yearly because my husband over-withholds to cover my not having anything withheld (and I don't make enough for the IRS to care)
* Only other official paperwork on me is the 1099s filed by my clients
Other than deposits into one of my bank accounts, how could anyone track exactly WHEN I did the work?
They can't. Do you file your federal taxes on an accrual basis?
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