Tax time is looming, all the receipt you managed to collect for this sole reason ripped up, shredded and the ink all removed. Can’t imagine that? Well in case you might, there are plenty of applications which could definitely mitigate this issue and even make your life a lot easier.
Tax Time App No 1. H&R Block Tax Preparation
H&R Block Tax Preparation Application can do your average simple to even a more complicated tax return. To get started on this app, all you need to do is start filing your taxes and state return for free. With this, depending on the complexity of your tax return, you’ll pay a free between $34 to $74 dollars to electronically file it.
Additionally, another key point about this application would be that it would allow you to take a picture of your W-2s or 1099MISC. This instantly imports all the incomes within that photo.
The application is available for both iPhone and Android devices, and it is free to download.
Tax Time App No 2. TurboTax Mobile
Unlike the H&R Block Tax Preparation App if you have a small and simple tax return the TurboTax Mobile App is definitely great for this category. It allows you to file your tax return on the go, and this can take as little as 10 min.
An extra bonus for this application would be that users have access to a qualified tax professional within the app. So you can get ask any kinds of questions regarding your tax return.
The application is available for both iPhone and Android devices, but the electronic filing of your state return starts at $39.99.
Tax Time App No 3. QuickBooks Self-Employed
This application called QuickBook Self-Employed App is specifically for freelancers and for small business owners. They might have multiple income source from different clients or customers. So your tax return can be pretty complicated with different incomes streams. Also with a lot of business expenses, you might want to also get return from them.
However, QuickBooks Self-Employed App does just the job when it comes to making your tax return as simple as possible. Just snap a picture of your receipts so you can export those deductions at the end of the year.
The application is available for both iPhone and Android devices, but there’s a $5 per month to use the QuickBook Self-Employed online software.
Tax Time App No 4. GoDaddy Bookkeeping
Much like the QuickBooks Self-Employed App, GoDaddy Bookkeeping app is suited specifically for freelance businesses. It organises all of the finance in one place, and links up external accounts from eBay, PayPal, credit cards, bank accounts, Amazon etc. This also tracks what you’re spending, making and who’s buying from your company.
This will give you more time to work on the important stuff and less time to worry about your spending. This is free to download for both iPhone and Android, but the premium version of the desktop software costs $120 per year.
Tax Time App No 5. FreshBooks or Xero
FreshBooks Cloud Accounting App is great as it offers online business owners and also freelancers who keep their receipts and handling client information with a spreadsheet. FreshBooks allows you to simply take a picture of your receipts, create invoices and follow up on payments. Furthermore, you can print a month-end report and review your financial income, expenses and more.
Xero mobile application offers a cloud-based accounting software platform for small to medium sized businesses. It can easily send invoices, approve expenses, input receipts and reconcile, much like the FreshBooks App.
Xero and FreshBook app are both available on iOS or Android on Mobile.
Tax Time App No 6. MileIQ Mobile
Writing down your mileage can definitely be a hassle for a lot of users. Especially when you’re travelling for business, or other purposes. It can be hard to remember to record your travels. This is where MileIQ Mobile App can come in handy.
You can track your mileage quickly and easily with automation tracking, and you can also get the recordings of your past trip. Also, this information can be generated into an Excel compatible email reports. Or you could even down this from the web application for reporting. You can also filter your trips as either personal, or business-related trips.
The MileIQ Mobile App is available for $5.99 per month for all users, but you can try it out for free for up to 40 drives.
References:
FreshBooks - The Leader in Cloud Accounting Software [Review]. (2018, May 02). Retrieved from https://tech-vise.com/freshbooks-the-leader-in-cloud-accounting-software/
Top Tax Apps: 7 Best Mobile Apps to Organize and File Taxes. (2019, February 22). Retrieved from https://www.carefulcents.com/top-tax-apps/
TurboTax Mobile App, Seamlessly Switch Between Your Phone, Tablet and Computer. (n.d.). Retrieved from https://turbotax.intuit.com/personal-taxes/mobile-apps/turbotax.js