Lee B Posted June 30, 2023 Report Share Posted June 30, 2023 The IRS has created a one page poster to be passed on to clients: https://www.irs.gov/pub/irs-pdf/p5797.pdf 6 Quote Link to comment Share on other sites More sharing options...
jklcpa Posted July 1, 2023 Report Share Posted July 1, 2023 4 hours ago, Corduroy Frog said: I'm happy the "cumulative" recordkeeping is gone from the 5695. Having to keep up with cumulative expenditures going back to 2007 means that we were the only focus of the recordkeeping because clients would not (or could not) do it. Not only that but we all have clients that are newer than 2007. This new stuff means that everything is taken on a given year, and that's the end of it. quoted to move the remainder of C.Frog's post to its own topic. 3 Quote Link to comment Share on other sites More sharing options...
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