Do I need to keep Gas Recipts for Tax Purposes
I am self employed and use my car for work. I have 3 cars but one is mainly to go to work and use it for work. I average about $400-$500/week in gas for that one particular vehicle. That ends up being lots of receipts for a month. If I am going to put gas as my expense for tax purposes would I need to keep all those receipts? I pay 100% of my gas bills using my credit card and have a record is that enough. Or do I have to keep the receipts?