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Old 22nd August 2007, 03:04 PM   #6
ASpaventa
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Join Date: Jul 2007
Location: Greensboro, NC
Posts: 46
Default Receipts, receipts, receipts!!

The best thing to do is to keep a journal along with gas receipts. The more detailed you get the better. You can guestimate on your return but should the IRS audit you they will rake you through the mud if you don't have proof of miles driven. It's always best to do some legwork now should something go wrong later. And remember, you only need to keep those records three years. If three years passed and you filed on time for all years, you're in the clear. The IRS is a tricky tricky entity. Best protect yourself and be proactive!

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