The Hidden Treasure in Your Receipts

Proper recordkeeping could be your ticket to maximizing deductions and minimizing stress!

The $250 Rule That Could Save You Thousands

Charitable donations under $250 don't need receipts! Quick tip: Set up a dedicated folder for donation receipts to easily track your charitable giving.

Digital vs. Physical

Are you Team Shoebox or Team Cloud? Use a hybrid approach - scan documents for easy access, but keep physical copies of major purchases and tax returns.

The 3-Year Rule That Could Cost You Big Time

Think you can toss those records after a year? Think again! For property records, keep documentation for 3 years after you've sold the asset.

The Shocking Truth About Business Mileage

Record the date, destination, purpose, and miles driven for each business trip. Use a mileage tracking app to automatically log your business drives and calculate deductions.

Ready to turn your recordkeeping into a money-saving superpower? Contact Akron Income Tax Co. today for expert guidance and start maximizing your deductions!

2215 E. Waterloo Rd. Suite 113 Akron, Ohio 44312 (330)733-1040