As a business owner or freelancer it is very important to save your receipts. If you are ever audited by the IRS, your receipts serve as an authentic record and proof of how you spent your money.
The problem is that managing your receipts can feel like a full-time job. Depending on how established your business is, you may or may not be able to afford a Bookkeeper or Accountant to help you manage your spending and receipts. According to CostHelper.com, a Bookkeeper will run you $20 – $50 per hour and an Accountant will run you $150 – $400 per hour! For the YBMers just starting a company, or those not interested in paying an hourly rate to a Bookkeeper, Shoeboxed.com is the perfect solution.
For $19.95 a month, Shoeboxed.com will scan copies of your receipts, create an itemized spreadsheet listing each expense, and provide a convertible file with your itemized expenses that you can export to Quicken or other tax software. The best part, you can either take pictures of the receipts with your phone and send them to shoeboxed.com, or you can opt for prepaid mailing envelops!! It doesn’t get any easier than that. Check out www.shoeboxed.com and take advantage of this convenient affordable service.