Author: Josh Keppen
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What Does the IRS Consider a Valid Receipt? Paper vs Digital Receipts
As a freelancer, solopreneur, or small business owner, you know tax season can either be a breeze or a nightmare. One of the most common sources of stress? Receipts. You’ve probably asked yourself more than once: “What does the IRS actually consider a valid receipt?” And in today’s digital-first world, another question naturally follows: “Are…
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Does the IRS Require Receipts Under $75? Here’s What You Need to Know
When it comes to taxes and deductions, small business owners, freelancers, and self-employed individuals often walk a fine line between efficiency and compliance. One of the most frequently asked questions during tax preparation is:“Do I need to save receipts for every expense, even the ones under $75?” The short answer is: not always—but you probably…
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How to Find the Best Receipt Management App for Freelancers
Freelancing gives you the freedom to chart your course, but it also brings the responsibility of managing every aspect of your business—including receipts. Whether you’re a graphic designer juggling client invoices or a self-employed consultant tracking travel expenses, having a streamlined system for organizing receipts is essential. With tax time, audits, and cash flow concerns…
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What Is Receipt Management? A Small Business Guide To Staying Organized And Stress-Free
Ever Feel Like You’re Drowning in Receipts? Receipts in your wallet. Receipts in your inbox. Receipts in a shoebox. If you’re a freelancer or small business owner, chances are your financial documentation looks more like a scavenger hunt than a system. Receipt management isn’t just an accounting term—it’s the lifeline of your financial organization. But…
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The Hidden Costs of a Paper-Based Office
Despite the rise of digital solutions, many offices still rely heavily on paper-based filing systems. At first glance, sticking with paper may seem cost-effective, but the reality is far different. From wasted time searching for documents to compliance risks and employee resistance to change, paper-based offices face hidden costs that add up over time. Shifting…
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How to Scan Receipts and Digitize Your Financial Records
Contents Managing receipts efficiently is essential for staying organized, tracking expenses, and preparing for tax season. Digitizing receipts not only saves space but also provides a reliable way to store and retrieve important financial records. Whether you’re a small business owner, a frequent traveler, or someone who wants to simplify personal finance, there are multiple…
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Filing Your Taxes: Tips for a Stress-Free Tax Season
The beginning of the year is a perfect time to start preparing for tax season. Filing your 2025 taxes doesn’t have to be overwhelming, especially when you approach it with a plan. Whether you’re an individual taxpayer or a small business owner, understanding the latest tax regulations and organizing your financial records can make the…
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Navigating Post-Holiday Financial Stress
The holiday season brings joy, connection, and cherished memories, but it often leaves financial challenges in its wake. Between gifts, travel, festive meals, and spur-of-the-moment expenses, the cost of holiday cheer can quickly spiral. As the new year begins, it’s not uncommon to feel the pinch of tighter budgets and pending bills. If this resonates,…
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Setting Financial Goals for the New Year
The start of a new year brings opportunities for reflection, renewal, and goal-setting. For many, it is the perfect time to take a closer look at financial health and envision the future. Setting financial goals for the new year provides a roadmap to stability, growth, and fulfillment, whether to pay off debt, save for a…
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Preparing for Tax Time: A December Guide for Individuals
Starting your tax preparation in December is the perfect time to get ahead. With the right approach, you can avoid the stress of last-minute scrambling, ensure accuracy, and even uncover opportunities to save money. Whether you’re a seasoned filer or approaching tax preparation for the first time, here’s how you can start preparing for tax…