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  1. #1
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    It really doesn't matter what you do with the cash as long as you are keeping track of it. If you use a software program for your finances (I've used Quicken for years), you can set up a separate account in your program. Record all income and expenses in it, and you can print out a register report or income statement anytime you like. It's very easy, and you really don't need the Quickbooks version or anything, just the personal finance package. You can also set up a spreadsheet in Excel. Also very easy. The government won't care where the cash went as long as you are declaring it.

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