I'm wondering if it's a good idea to scan all my receipts. I have a lot of them piling up and I'm not sure if scanning them all would be beneficial or just a waste of time.
7 answers
Valeria
Fri Nov 29 2024
Paper receipts, however, have a tendency to fade over time due to exposure to various elements.
CryptoTitan
Fri Nov 29 2024
This fading can render them unreadable, making it difficult to verify your tax deductions in the future.
Isabella
Fri Nov 29 2024
Receipts play a crucial role in proving that you have spent the money you have claimed as tax deductions.
CherryBlossomKiss
Fri Nov 29 2024
To avoid this issue, digitizing your receipts is the most effective way to organize and preserve them.
Chiara
Fri Nov 29 2024
They serve as the only evidence to back up your tax claims, ensuring that your deductions are legitimate.