Receipt Rules
Do I really need to keep that $47 receipt—or is it safe to toss? Here’s the rule: the IRS only requires receipts for expenses over $75—but if you want peace of mind and full deduction coverage, save everything. Receipts are your best defense in an audit and help you document expenses clearly.
Use QuickBooks to snap receipts from your phone or email them in. Attach them directly to transactions so everything stays clean. A Chandler CPA (like Chris!) will always tell you—it’s not about the receipt size, it’s about the habit.
We’ll help you stay organized before tax time—not during a panic. Call us at 480 747 3935 for more information and visit our Monthly Services page, too!
