_____ 2. Under no circumstances are business deductions allowed for expenses that are not substantiated by a paper trail.

Name: _____ 2. Under no circumstances are business deductions allowed for expenses that are not substantiated by a paper trail.
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Question

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While having a paper trail is important for substantiating business deductions, there are some circumstances where other forms of evidence, such as digital records or credible testimony, may be accepted by tax authorities.

_____ 2 Under No Circumstances Are Business Deductions Allowed for Expenses