Demo books / Boat detailing & marine services
Bluewater Marine Detailing LLC
FY2025 · fabricated business, fabricated accounts
Tax-readiness score
Nearly there
2 issues cost you points.
How the score was reached
| Starting score | 100 |
| 10 personal purchases on the business account10 items × 1 points | −10 |
| 3 expenses over 75.00 have no receipt3 items × 1 points | −3 |
| Score | 87 |
Trial balance
debits = credits
Balance sheet
assets = liabilities + equity
What to fix, worst first
2 findings10 personal purchases on the business account
741.86741.86 of personal spend ran through the business. It's booked to owner's draw, so it is not deducted — but mixing the two is what makes books hard to defend.
FixReimburse the business, or keep a separate personal card.
3 expenses over 75.00 have no receipt
2,018.042018.04 of card spend has nothing backing it. The IRS expects substantiation at 75.00 and above.
FixUpload the receipts, or ask the vendor to reissue them.
mediumshow 3 transactions
Take it with you
The report as a PDF, and the cleaned books as CSV.
This is a categorization of fabricated books, not tax advice. Expense categories map to IRS Schedule C (Form 1040); meals are generally 50% deductible and are reported at full value here so the figure can be traced to its receipt.