The Balancing Act: Records Needed for Tax Positions

Published Categorized as Articles, Houston, Tax

The Goldilocks Principle says that the best outcomes are achieved by finding a balance. It looks for the “just right”—neither too much nor too little. This concept applies not only to storytelling but also to tax recordkeeping. Taxpayers have to strike a balance in maintaining records that are thorough enough to satisfy the IRS but… Continue reading The Balancing Act: Records Needed for Tax Positions

The post The Balancing Act: Records Needed for Tax Positions appeared first on Houston Tax Attorneys | Mitchell Tax Law.

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