3 ms·
> You would save the records for deductions or business expenses or whatever as a bookkeeping measure - and as a tax precaution, yes - even if you were not expe
by rosndo 5y ago
> You would save the records for deductions or business expenses or whatever as a bookkeeping measure - and as a tax precaution, yes - even if you were not expecting an audit. Audits are fairly unusual
I think you are just repeating original comment here. Regular people in regular situations will never need their old utility bills for tax purposes.
Those choosing to e.g. run a business, pick up various extra responsibilities in doing so. In that case it’s absolutely your own responsibility to maintain good records, and you should print electronic invoices if you so desire.
If you run a business and are using your utility bills as a basis for deductions, you’d have to be stupid to not safely store them (digitally or physically).
Paper invoices should be opt-in, not opt-out. Very few people actually require them.