How To Keep Your Paper Receipts From Fading

receipts
“Do you want your receipt?”

Many people just say “no” when asked this question. It makes no sense to add to the paper clutter by keeping paper receipts for small, personal purchases. Entrepreneurs, on the other hand, know that keeping sales receipts can save time and money down the road. Generally, small-businesses are not required to show receipts for expenses under $75. But savvy business owners know better than to get into an argument with the IRS — it can cost a lot more money and time than just keeping receipts. You might want to hold onto your receipts for reasons other than tax: may want to return items later, claim rebates, extended warranty or to simply protect yourself from unauthorized credit card charges.

Keeping receipts for valid reasons is important — but what happens when you have the receipt but it has degraded to the point of being unreadable?

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