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Level 3
December 7, 2019
Solved

New client has no details for depreciation. Shred everything 3 years ago.

  • December 7, 2019
  • 1 reply
  • 9 views

What is the best way to recreate the information?

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Best answer by sjrcpa

Ask the client a lot of questions. Glean what you can form the past year's records and tax returns he does have.

1 reply

sjrcpa
sjrcpaAnswer
Level 15
December 7, 2019

Ask the client a lot of questions. Glean what you can form the past year's records and tax returns he does have.

The more I know the more I don’t know.
Level 7
December 7, 2019
Have client ask prior preparer.