Receipt & Expense Guides | Mylo Blog

Receipts, expenses and write-offs, decoded.

Practical guides on finding receipts, tracking expenses and keeping your books clean, without the busywork.

How to Reclaim VAT on Business Expenses
Mylo Mylo Team • Sep 5, 2026

How to Reclaim VAT on Business Expenses

If your business is VAT-registered, you can reclaim VAT on many business purchases, but only with a valid VAT invoice. Here is what you can reclaim, what you cannot, and the records you need.

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The Best Way to Track Expenses Across Multiple Businesses
Mylo Mylo Team • Sep 5, 2026

The Best Way to Track Expenses Across Multiple Businesses

Running more than one business or side venture? Mixing their expenses is a fast way to muddy your books. Here is how to keep each entity's expenses separate in one place.

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Expense Software for Accounting Firms: What to Look For
Mylo Mylo Team • Sep 5, 2026

Expense Software for Accounting Firms: What to Look For

The right expense software lets a firm manage many clients from one place, with clean receipts and exports. Here is what accounting firms should look for, and how a client-first tool changes the work.

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How to Turn a Bank or Card Statement Into Expenses
Mylo Mylo Team • Sep 5, 2026

How to Turn a Bank or Card Statement Into Expenses

No bank connection? You can still track expenses from a statement. Here is how to turn a bank or card statement into categorized expenses, and why the arithmetic has to check out.

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QuickBooks Alternatives for Receipt Capture and Expenses
Mylo Mylo Team • Sep 5, 2026

QuickBooks Alternatives for Receipt Capture and Expenses

Looking for a QuickBooks alternative focused on receipts and expenses? Here is how to think about the options, what to look for in receipt capture, and where a dedicated tool fits.

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How to Claim a Business Expense With No Receipt
Mylo Mylo Team • Sep 4, 2026

How to Claim a Business Expense With No Receipt

Lost the receipt for a cash purchase? You may still be able to deduct it. Here is what records can substitute, where the Cohan rule helps, and where it does not.

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How to Separate Business and Personal Expenses (and Why It Matters)
Mylo Mylo Team • Sep 4, 2026

How to Separate Business and Personal Expenses (and Why It Matters)

Mixing business and personal spending is one of the most common bookkeeping mistakes. Here is how to separate them cleanly, why it protects your deductions, and how to handle shared costs.

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The Meal Deduction: When It Is 50% vs 100%
Mylo Mylo Team • Sep 4, 2026

The Meal Deduction: When It Is 50% vs 100%

Most business meals are 50% deductible, but a few situations are 100%. Here is a clear list of what falls into each bucket, and why the temporary 100% restaurant rule is gone.

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What Is an Accountable Plan? How Tax-Free Reimbursements Work
Mylo Mylo Team • Sep 4, 2026

What Is an Accountable Plan? How Tax-Free Reimbursements Work

An accountable plan lets a business reimburse employees for expenses tax-free. Here are the three IRS rules a plan must meet, and why it beats adding reimbursements to a paycheck.

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Business Meal Attendees: Who Counts and Why the IRS Asks
Mylo Mylo Team • Sep 4, 2026

Business Meal Attendees: Who Counts and Why the IRS Asks

For a deductible business meal, the IRS wants to know who was there and the business relationship. Here is who counts as an attendee and how to record it without the hassle.

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Mileage vs Actual Expenses: Which Vehicle Deduction Saves More?
Mylo Mylo Team • Sep 4, 2026

Mileage vs Actual Expenses: Which Vehicle Deduction Saves More?

Deducting a car for business? You choose the standard mileage rate or actual expenses. Here is how each works, the switching rules, and how to decide which saves more.

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The Self-Employed Health Insurance Deduction, Explained
Mylo Mylo Team • Sep 4, 2026

The Self-Employed Health Insurance Deduction, Explained

If you are self-employed and pay your own health insurance, you may be able to deduct the premiums above the line. Here is who qualifies, what counts, and the income limit.

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Is Internet Tax Deductible? How the Business-Use Share Works
Mylo Mylo Team • Sep 4, 2026

Is Internet Tax Deductible? How the Business-Use Share Works

If you use your home internet for business, the business-use share of the bill is generally deductible. Here is how to figure the percentage and keep it defensible.

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Are Business Gifts Tax Deductible? The $25-Per-Person Rule
Mylo Mylo Team • Sep 4, 2026

Are Business Gifts Tax Deductible? The $25-Per-Person Rule

Business gifts are deductible, but only up to $25 per recipient per year. Here is how the limit works, what counts as incidental, and how gifts differ from promotional items.

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Are Work Clothes Tax Deductible? The Rule Most People Get Wrong
Mylo Mylo Team • Sep 4, 2026

Are Work Clothes Tax Deductible? The Rule Most People Get Wrong

Work clothes are deductible only if they are required for your job and not suitable for everyday wear. Here is what qualifies, like uniforms and safety gear, and what does not.

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Stop losing receipts and money

Receipts have a way of disappearing right when you need them: at tax time, during an expense report, or when you want to return something. The cost is real. People overpay on taxes every year simply because they cannot find proof of what they spent.

This blog fixes that. We show you how to find a lost receipt from Walmart, Amazon, Target or any major store, which expenses you can legally write off, how long to keep records, and how to track business spending without drowning in spreadsheets.

Mylo does the heavy lifting for you. It finds receipts across your email inboxes and the accounts you connect, matches each one to the card you already use, and files clean, categorized expenses to QuickBooks. No new card, no manual data entry.

Try Mylo free

Find any receipt

Look up a lost receipt from Walmart, Amazon, Target, Costco and dozens of other stores.

Maximize write-offs

Know exactly what you can deduct, from mileage and home office to meals and equipment.

Track expenses

Keep business and personal spending organized without living in a spreadsheet.

Sync to QuickBooks

Turn messy receipts into clean, categorized expenses your accountant will love.

Receipt & expense FAQs

Quick answers to the questions we hear most from people drowning in receipts.

How do I find a receipt I lost?

Most stores keep a digital copy. You can look up receipts from retailers like Walmart, Target, Amazon and Costco through their app or online account, usually using the store, the date, and the card you paid with. Mylo automates this by pulling receipts straight from your email inbox and your store accounts.

What receipts do I need to keep for taxes?

Keep receipts for anything you plan to deduct: business purchases, equipment, software, travel, meals, home office costs and mileage. The IRS can ask for proof, so a clear record of each expense protects your deductions.

How long should I keep receipts?

The IRS generally recommends keeping tax records for at least three years. Digital copies are accepted, so scanning or auto-capturing receipts is an easy way to stay covered without holding on to a shoebox of paper.

Are digital receipts valid for taxes?

Yes. The IRS accepts legible digital receipts, including clear photos and PDFs. Storing them digitally also means they will not fade like thermal paper does.

What is the easiest way to track business expenses?

Capture every receipt as it happens and match it to the card transaction that paid for it. Mylo does both automatically, so your expenses stay categorized and ready for tax time or an expense report.

Does Mylo work with the cards I already have?

Yes. Mylo works on top of your existing Visa, Mastercard or Amex. There is no new card to apply for and no switching banks.

Is Mylo free?

Mylo is free to download and use on iOS, Android and the web. Paid plans add retailer auto-login, bank transaction matching and QuickBooks sync.