Paper receipts are the bane of modern existence. That maxim hits home, if this is the year your small-business tax return is selected for an audit.
For the business owner who works solo as the chief cook and bottle washer, the chore of keeping tax records up to date often drops to the bottom of the to-do list.
What if you had an easy way to keep track of those small business expenses as you go about your busy day? What if you did not have to spend time each week retrieving those paper receipts from your purse or wallet? And here’s the scary question: What if there is an IRS error discovered that was not in your favor – and you lost the receipt?
And then there are those missed opportunities. Perhaps you failed to claim a legitimate deduction you know you were entitled to simply because you no longer have the receipt. Perhaps you stuffed that receipt in your pocket only to find your washing cycle ate it. Or, maybe you found it a year later in an old suit jacket you hadn’t worn in many months.
Receipts have a hard life. They’re overlooked, wadded up, stuffed in a shirt pocket or otherwise mangled into illegibility. The vicissitudes of life exact a heavy toll on that digitally printed fragile piece of paper. Deductr is a great solution for ensuring your receipt can be easily retrieved at a later date.