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James from Barrows & Co., Inc Answered this on June 12, 2017
Esther, as technology advances so too do the options available for you to keep track of your receipts. I use a NEAT scanner for some of my small businesses that I run. There are also apps for smart phones that allow you to capture copies of your receipts. The IRS will accept scanned receipts so... (more) Esther, as technology advances so too do the options available for you to keep track of your receipts. I use a NEAT scanner for some of my small businesses that I run. There are also apps for smart phones that allow you to capture copies of your receipts. The IRS will accept scanned receipts so you can throw out the paper copies (but make sure your data is effectively backed up!)