Circular 230

[Super Mom]

As I understand it, we must see receipts and total them and see mileage logs now in order to avoid possible penalties as preparers. My question is, if I have a bookkeeping client and enter all of their expenses from checks, must I see receipts from them? (I prepare there taxes too)

[Roberts]

As I understand it, we must see receipts and total them and see mileage logs now in order to avoid possible penalties as preparers. My question is, if I have a bookkeeping client and enter all of their expenses from checks, must I see receipts from them? (I prepare there taxes too)

Where does it state this in the 230?

[Jiggers]

As I understand it, we must see receipts and total them and see mileage logs now in order to avoid possible penalties as preparers. My question is, if I have a bookkeeping client and enter all of their expenses from checks, must I see receipts from them? (I prepare there taxes too)

Since when?

I am not going to add up receipts of business expenses.

I am not going to look at a mileage log. My clients sign off on a statement that they have the necessary records to match the mileage that they are claiming in their business or on their 2106.

I am not going to add up receipts for anything.

[appelman]

Inb the words of an IRS examiner:

We do not do shoe boxes!

[Super Mom]

Since when?

I am not going to add up receipts of business expenses.

I am not going to look at a mileage log. My clients sign off on a statement that they have the necessary records to match the mileage that they are claiming in their business or on their 2106.

I am not going to add up receipts for anything.

I could have my clients sign off on a statment like that. Is that enough?

[Roberts]

I could have my clients sign off on a statment like that. Is that enough?

If you ask them if they have a written log and they sign the return - they've signed the statement.