Reciepts what to keep what to toss

[treeholm]

I keep mine filed by date, only because some receipts are "mixed" (both groceries and toys etc.). I also photocopy each receipt because I was warned in a Revenue Canada HST course that receipts often fade after only a year or two, and Revenue Canada can ask for receipts up to 7 years! (Actually longer, if they suspect fraud). If your receipts have faded they won't be allowed. Lots of cash register printers have terrible ink for this, so they recommended they all be photocopied and stapled to the copy.