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Can I file taxes without a business license? Will deposit history at bank help? No receipts for calculating costs, will I still be able to claim expenses?
I started a small cleaning business this year but did not have the means to obtain a business license. I have no employees, just myself. I'm not sure how I would calculate expenses if I don't have receipts and I didn't really keep track of exactly how much I earned but I did make deposits to my bank. This whole business thing is new to me. Can I still file taxes? I want to pay if I owe anything. Would I just request deposit history from my bank? How would I calculate expenses if I don't have receipts? I know about how much I spend monthly on supplies. I also have a car payment and I use my car for work. Would I include that as a partial expense?
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May 31, 2019
7:05 PM