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 includes
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.