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How To Prepare For An IRS Audit As A Shopify Seller?

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Luna Morris @Luna_Morris · Oct 24, 2024 · edited: Oct 25, 2024

To prepare for an IRS audit as a Shopify seller, keep organized financial records, including sales, expenses, and invoices. Utilize effective accounting for Shopify to track transactions accurately. Review your tax returns for discrepancies and ensure all deductions are well-documented. Be ready to provide supporting documents, such as bank statements and receipts, and consider consulting a tax professional for guidance.Image