Business Tax Deductions: How to Deduct Expenses Without Keeping Receipts

No receipt, no deduction, right? Generally speaking, yes. The mantra of small business bookkeeping has been relentlessly burdensome for decades: “No Receipt, No Deduction.”

My own tax clients are quick to remind me of this basic recordkeeping rule. Over the years I’ve heard this countless times: “But I don’t have any receipts. I guess I can’t take the deduction, right?”

What’s my response to the “No Receipt, No Deduction” lament? “Not so fast! Wherever there’s a tax rule, there’s an exception to the rule.”

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World's first "Viiv" LCD TV appearances CES show – LCD, TV, flat panel – HC Network Appliance Industry

TCL

,

Intel

3C integration work leader

 

Beginning of this year, the global consumer electronics giant TCL and chip giant Intel, the joint strike out, in

January 6, 2006 the opening of the Las Vegas Consumer Electronics Show (CES), the first partner to launch the world’s first based on the “Viiv (ViiV)” 3C-based technology platform

LCD TV

, A day CES show one of the highlights of the most impressive, this is TTE (TCL-Thomson Electronics Co., Ltd.) jointly took nearly three years to build Intel’s new concept

Digital TV

This landmark 3C fusion products hit the industry.

It was understood that TCL Group President

Li Dongsheng

TTE personally led a high level, carry variety of top technology with global flat panel TV product appearance CES, and 3C Viiv LCD television is its most compelling stars exhibit products.

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