Saving Receipts

   The IRS requires receipts to be saved for expenses in excess of $25.  Saving receipts for everything, including small purchases like meals and miscellaneous expenses can be a hassle. It’s not only burdensome for filing systems, receipts tend to fade over time, especially the yellow copies of credit card receipts. So by the time the IRS audits you, the receipt is illegible. One of the best ways to solve this problem is by...

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