Article Date:
July 2006


Word Count:
385

 

 

Filing Returns for Past Years


I need to file returns for the past several years. I have misplaced and lost many of the records. Is there a good way to recreate business expenses for prior tax years? (E.T.N., Burbank, CA)

 

No. You are in deep trouble. First, the law requires documentation on a timely basis for a certain group of expenses. This group includes1

 

·

vehicles,

·

entertainment, and

·

travel.

If you have to recreate the records for this group, you will obviously violate the timely rule—putting these ... Log in to view full article.

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