Business receipts may not be glamorous, but they’re critical for compliance, expense tracking, and audit prep. Losing track of them can mean missed deductions, inaccurate books, and stress if the IRS comes knocking. According to the IRS, businesses must keep supporting documents like receipts for as long as they may be needed to prove income, deductions, or credits claimed on a return【IRS.gov†source】.

An IRS audit can make even the most organized small business owner nervous — but preparation turns panic into confidence. The IRS isn’t necessarily accusing you of wrongdoing; they’re simply verifying that your reported income and deductions are accurate. Proper Audit Prep ensures you have the Documentation needed to back up every number on your tax return.