Breeding and the IRS

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Originally Posted by milha

if you are in this situation and have not saved receipts or had paid in cash, how will you prove you had purchased the snakes in first place?

thanks

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No receipts then your SOL. If you are buying as pets no receipts needed, but for business you need to ask for them even when paying with cash. Otherwise you cant claim what you have no proof for

Quote:

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Originally Posted by RichsBallPythons

No receipts then your SOL. If you are buying as pets no receipts needed, but for business you need to ask for them even when paying with cash. Otherwise you cant claim what you have no proof for

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thanks