is a bank statement good enough for taxes or do you need receipts?

Discussion in 'Ask An Owner Operator' started by Shotgun94, Oct 11, 2019.

  1. truckaholic001

    truckaholic001 Light Load Member

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    Apr 25, 2016
    Nevada
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    Create separate folders (expenses, taxes, receipts...) on your email and keep keep sorting emails. They also have email manager. Can also save by taking picture and send as an email to yourself and sort into one of the folders.
    Also, it always depends what tax you pay, for example if you filed and paid Form 2290 (HVUT) then it's receipt is a stamped/watermarked schedule 1 copy. And to file taxes, better is to use online portals, such as our company used to use www.form2290.com to file our 2290s. Where you can keep all your filing records form many years. Even if you misplace the receipt somewhere, simply login to your account there and you will be able to download it easily.
     
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  3. x1Heavy

    x1Heavy Road Train Member

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    Mar 5, 2016
    White County, Arkansas
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    We use memory sticks now. Piles of them. Some of the sticks are approaching 15 years storing the same data and they still work. they are approaching a size by this xmas (about 512 mb capacity possibly...) to where you can store a system image (Essentially a copy of your computer in it's totally on and ready state with your windows and files etc) and boot to restore from that if needed.

    Windows is ending support Jan 19th 2020 for windows 7 unless you pay them for three more years of support (I will be ...) and then in 2023 you will be on your own on windows 7 becoming more of a unacceptable risk. I even think maybe android computers will come out at some point. Which would be something else. My phone already (The new replacement especially..) has all that I already have on my regular computer and internet. Plus a feature to block spammers without using Apps for the first time in the current war against spammers. I block a unwelcome number and it's gone permanently.

    Your phone camera can with a proper reader software app on your camera will convert and save your reciepts electronically possibly even sorting them. Its already legal here to have drivers licensing scanned etc into phone. Even I forget my wallet, but I don't forget the phone.

    Thats the other side of the net. The phone knows who I am and where it has gone to anywhere on earth when I go to a doctor. It becomes a record in my Google history which I erase now and then. I don't mind a little bit but it's getting to where I must push back on materialism in form of technology.
     
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