wkup.co/select_product/Mzc=/MTczMjQ1MQ== All businees owners should have this!!! I love Taxbot!! Taxbot is so easy to use, and you will never have to read an odometer again when you use this service to track your business travel expenses. Mileage tracking is so simple with Taxbot. Using the mobile app and your phones GPS capabilities, it takes only a couple of taps before your phone figures out where you are in the world and then starts logging your miles. At the end of a trip, another tap will have the app tabulating your mileage – you wont need odometer readings or anything else. Taxbot calculates everything for you. If you forget to log a trip with your smartphone, or if you dont have a smartphone, you can log travel expenses after the fact using the online interface. You will just need the beginning and ending addresses. Taxbots Google Maps integration will take care of the rest. This is so handy because you dont need to fiddle with odometer readings, even after the fact. Taxbot also is one of only a handful of expense management services that offer credit card integration. You just enter your business credit card information and Taxbot will begin logging your transactions with that card. When a transaction comes through, Taxbot will verify whether you already logged that expense when it happened. If not, it will go into a list of potentially missed deductible business expenses that you can review later. If you find a deductible credit card transaction was missed, you can move it over into Taxbots running total. Taxbot will have automatically imported most details about the transaction, like date and category, but you will have the opportunity to add a few new details and attach a photo of the receipt if you want, in preparation for tax time. Taxbot integrates with 10,000 financial institutions, so it will likely work with your business credit card. Taxbot has you covered in so many ways. It has been designed to record exactly what the IRS needs to know to qualify deductions. Tallying average travel expenses is as easy as snapping a photo of your receipts and following Taxbots prompts to collect pertinent information. If you need to keep track of expenses from multiple businesses and multiple vehicles, you can. There are a few minor features missing from Taxbot when you compare it to similar tools. Some expense trackers make it easy to incorporate emailed receipts for tax time – you can forward them and have the application read and extract dates and totals. Taxbot does not do that. Also, Taxbot does not extract data from a receipt for you, or read receipts like some applications do. Even though you usually have to double-check all of that information anyway, we like apps that give you the option.
Posted on: Sun, 31 Aug 2014 09:18:58 +0000
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