Tips to Identifying Personal Expenses When Doing Income Reports

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SB Partners Jun 3, 2025 10:12 AM

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While it is extremely common for business owners to deduct personal items in their expenses, it can be challenging to correctly identify them.

In this article, we focus your attention on the identification of personal expenditures that may be concealed within a business’ financial statements. We will outline practical tips, common red flags, and how they pertain to understanding these items when present in a litigation matter.

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