This table top tote will be ample for this tax year's worth of receipts. I don't think the latch is stout enough for carrying the tote around town. It DOES unlatch easily to add more paperwork. I may not need the flat storage compartment at the top of the file...but there is room for a few pens or smaller paperwork.
I had gotten a similar product from Staples years ago which was simpler and much more attractive. Sadly it apparently no longer exists. So my compromise were these but while they totally work I didn't need the extra compartments on the top nor the dull grey color.