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| Records are records. If you can prove it on paper and are within the letter of the tax code, it doesn't matter what the balance sheet says on D31. There is a lot of concrete boundaries in the tax code, and there are a lot of gray areas in the tax code. The concrete ones are no brainers, KEEP RECORDS. The gray areas, well interpretation is everything, KEEP RECORDS. But at the end of the day, the records tell the story no matter what the balance sheet says. | |
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IRS
