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Five Essential Tax Apps For Freelancers And Self-Employed Individuals

Tax Apps For Freelancers

Are you looking to keep your tax organized, so when tax time rolls around you don’t have much work to do? These tax apps will help you do just that.

  1. The Mobile App From TurboTax

TurboTax is one of the leading tax preparation companies in the country. If your return is relatively simple, you can use their mobile app to complete the filing process in as little as 10 or 15 minutes.

This app is a great choice for anyone who is self-employed. All that you have to do is snap photographs of the tax forms that you are filing for the year so that they can be imported into the app.

Another benefit of this particular app is that it gives you a chance to talk to a professional tax advisor if you need help with your return.

  1. The Self-Employed App From QuickBooks

The Self-Employed app from QuickBooks was designed with small businesses and freelancers in mind. It works well for anyone who has money coming in from more than one client. Working with multiple clients can complicate the filing process since it is difficult to keep track of so many different sources of income.

When you use the QuickBooks Self-Employed app, however, the process becomes a lot easier. All that you have to do is take a photograph of your receipts and assign them to the correct account. Then, when tax time rolls around, filing is a lot easier according to VatGlobal .

  1. The Tax Preparation App From H&R Block

No matter how complicated your tax return is, the tax preparation app from H&R Block can make the process of filing your return a lot easier. The cost to file your return through the app varies depending on how complex it is. Prices fall in the $34-$74 range for electronic filing.

Importing your income data is easy. All that you have to do is photograph your W-2 or 1099-MISC forms to bring the data into the app.

Before filing, the app checks your return for potential errors and make sure that you haven’t omitted any key information. That way, you can get the biggest refund possible.

  1. The Cloud Accounting App From FreshBooks

FreshBooks has a Cloud Accounting app available that makes the process of dealing with your taxes a lot easier if you are self-employed. If you are ready to modernize your accounting system, there is no better way to do it than by using this app.

Keeping track of everything from receipts to invoices is easy. All that you have to do is photograph them and upload them to the app. You can also use the app to generate important reports or to go over your financial records.

To make tax time as easy as possible, you can set it up so that your accountant can log in with their own password and access important tax records. This makes it easy for them to get the information required to complete your return.

As an added bonus, FreshBooks can be linked to some of your existing accounts including PayPal, Stripe, or MileIQ. Once you have an account set up with FreshBooks, you can download the app directly to your phone.

  1. The Bookkeeping App From GoDaddy

GoDaddy’s bookkeeping app, which was previously known as Outright, makes it easy to keep all of your records organized. It can be linked to a variety of different platforms ranging from marketplaces like eBay, Etsy, and Amazon to payment processors like PayPal or your merchant account.

You can generate reports on demand and can also see at a glance how much money you need to pay for your quarterly taxes. When tax time rolls around, the information from your account is automatically entered into your Schedule C form.

By taking the hassle out of dealing with your accounting, this app can free up more of your time to focus on your business. You can get a copy of the app for free. Currently, it works on both Android and iOS platforms.