1 - if I do this, does the IRS consider my CD / scanned records valid?Yes. 2 - is JPEG the right format to use? (A friend always uses TIFF files when he scans. I've used JPEG because it's first on my scanner's menu.)I use PDF files for all of my client's tax records. I prefer PDF, as it seems to be the most widely used format for storing documents. I've been told that for scans, it is really just a PDF "wrapper" around a JPEG file, so there might not be much difference. To save space, I'd scan in B&W rather than color, and move down from the highest resolutions you scanner can handle. 300 dpi is probably more than adequate. Try a couple of different resolutions to find something that remains reasonable to your eye.--Peter
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar<