Surviving a tax audit without records.: An article from: The National Public Accountant

This digital document is an article from The National Public Accountant, published by National Society of Public Accountants on December 1, 1993. The length of the article is 1984 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.

From the supplier: There are alternative ways of retrieving records that could establish expenses for tax deductions. For inherited property, establishing the tax basis by taking the fair market value of the property and reducing it by the increase in the Consumer Price Index from date of inheritance to date sold could prove expenditures. Some references for price of property are classified ads, real estate brokers or the assessed value method. Photographs of home improvements before and after they were made could establish expenditures on residence. Duplicate telephone, rent and other bills can be obtained for lost business records.

Citation Details
Title: Surviving a tax audit without records.
Author: David J. Silverman
Publication:The National Public Accountant (Magazine/Journal)
Date: December 1, 1993
Publisher: National Society of Public Accountants
Volume: v38 Issue: n12 Page: p34(3)

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