Even though it’s past tax time, I guess you can never really get away from the stress that the IRS and auditors can cause. I’ve talked with at least four business owners on the phone today that will be going through audits from the tax man or from other auditors soon. They need to get their receipts organized quickly and efficiently.
They were asking whether or not Shoeboxed would be a workable solution for them, and I just wanted to highlight a couple of reasons why Shoeboxed can be a great help when these frustrating audits come around. There’s nothing like Shoeboxed when it comes to getting your receipts for audits organized.
The first question that most people have is whether the IRS accepts digital receipts. The answer is simple: yes! The IRS accepts digital copies of receipts, which are stored in your Shoeboxed account. You can read more about their policy here: http://www.irs.gov/pub/irs-irbs/irb97-13.pdf
These images are saved on secure servers that are backed up every 24 hours. This is a lot safer than storing those images on your own computer, which could be subject to breaking or succumbing to a virus. Store them safely and securely on Shoeboxed for life.
If you are unlucky enough to have to go through an audit, you’ll be happy you have Shoeboxed to help you through it. You will have all your receipts organized and easy to find, just a click away. You will have to spend less of your personal time making sure that the audit goes correctly because you’ll have the peace of mind to know that everything is in order.
It will be extremely easy to provide the IRS with whatever they need, and you’ll be on your way.
If you have any other questions you would like answered on the blog, let me know; I’m happy to answer any question you have. Leave it in the comments, or send us an email at firstname.lastname@example.org.