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How to prove Sch C cash receipts for personal services such as piano teaching, yard work, child care, handyman work, etc? It's all paid in cash. Record requirement?
What is generally accepted requirement for cash receipts for Sch C? I help people with daily chores such as child care, piano teach, yard work, general handyman, house sitting and cleaning, etc... It averages around $1000/mo, Do I need to keep record every cash received? I don't plan to claim any expenses, only report income in cash. If audited, will no record of cash received prevent me from filing Sch C ?
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‎June 4, 2019
3:26 PM