Tips for Saving Receipts

Tips for Saving Receipts

To help prepare yourself for tax season, one trick is to save all your receipts. Some ways to accomplish this are below:

1. Have one place you store all your receipts for the year. Write notes on the receipts so when it comes tax time you know what the receipt was used to purchase.

2. Find an app that allows you to scan the receipt and add notes. We strongly suggest keeping the receipts as back up as well. Most apps will let you categorize each receipt for easy tracking.

3. Take a picture of the receipt with your smartphone to save as a back up.

4. Keep a ledger and write down the cost, the item and the reason for the purchase.

We hope these few tips will help you for when tax time comes around.

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