9 Tax Apps To Make Your Busy Tax Season Easy
Filing taxes is one task that can leave you with a headache. Tracking boxes of receipts and pouring over tax forms, while making sense of the filing process can be overwhelming — unless you are a tax preparer or accounting firm.
And while some businesses and individuals prefer going about filing their taxes the traditional way, the tech-savvy turns to cloud-based tax solutions that frankly make filing tax easier.
You can avail a number of financial apps that are not used directly for filing taxes; however, they are designed with tools and services that help simplify the tax process or workflow.
And yes, most of these apps are either free or come with a free version.
So, if you are looking to ease your tax season 2020, then consider these tax apps that can make filing your taxes easy.
Small businesses can also use the app to create W2 and 1099 forms for employees, easily track all-year-round expenses and also help accountant to track value depreciation of business assets.
TaxCaster, which again is an offering from Intuit, is designed as a supporting app for your mobile device. Using the app, you can view any possible tax return you might be expecting.
QuickBooks Self-Employed app is a great app for any small business or even freelancers with more than one source of income from their customers. If you feel your tax return is complex due to multiple income sources and a variety of business expenses, then this app is for you.
Using QuickBooks Self-Employed app, you can take a picture of your business receipts and export those tax deductions towards the end of the year.
The app is free for iPhone and Android users.
Credit Karma Tax can help you track credit profile, make it easy for you to file federal and state taxes for free. Regardless of your situation, easily import your previous year’s return with Credit Karma, and other tax filing apps such as H&R Block, TurboTax, or TaxAct.
You can begin filing your tax forms as soon as you upload a picture of your W-2. In addition, the app supports the tracking of deductions and refunds via a personalized checklist.
The IRS2Go Mobile Tax App, which is available for free for iPhone and Android users, supports any interaction with the IRS directly over your mobile device. If you feel you need help, then you can avail in-person tax help from a local-based tax professional.
If you are using IRS2GO Mobile App, you can easily access daily tax tips and information on changes or new additions to tax legislation as soon as they are released. The app also makes it easy for you to check the status of your refund or go ahead and ask for a copy of your tax returns or account transcript.
TaxACT Express has been designed to help in preparing and filing of simple federal and state tax returns — for free. The app makes it easy to upload your W-2, helps you track your returns and refund, and can support both mobile and desktop devices.
The app comes in paid and free versions and is available for both iOS and Android mobile devices.
It doesn’t matter if you are dealing with complex tax filings or a relatively easy tax refund, the H&R Block app will make it easy for you to go ahead and file your self-employed taxes as well as state return — and you can do this for free.
H&R MyBlock app allows you to easily estimate your refund or go ahead and check your balance. You can also upload your tax documents, take a glimpse of transactions, or check your return and e-file status.
If you are using the H&R Block Tax Prep app, then you can go ahead and prep for and file taxes from your mobile device. All you have to do is tap to upload the previous year’s return and then simply upload your W-2 — all your information will get imported automatically.
Have questions about filing taxes? Well, the app can connect you to tax experts to answer for any of your tax queries. H&R Block apps are available for both Android and iOS users.
FreeTax USA is an app that is designed to support free filing of federal taxes. If, however, you want to avail state filing and personalized assistance, then you will have to pay extra.
Even if you are using the app for the first time, you don’t have to worry about uploading all your information — the app can import your information from other tax filing apps such as TurboTax, TaxACT, and H&R Block.
If you want to avail other tools such as Audit Assist, Priority Support, and Amended Returns, then you can do so via the Deluxe version of the app, which costs $6.99.
The only drawback with FreeTax USA is that the solution performs better on browsers compared to mobile devices.
This app, which works for both desktops and mobile devices, claims that it can support a variety of financial tasks which include accounting tasks to file tax returns.
inDinero makes use of visual tools such as graphs and charts to display your financial information on an online dashboard. Based on the scale of your business, you can opt for any one of the three levels of paid services that is most suited to your business needs.
However, in order to use inDinero, you will be required to ask for an invite first which will be reviewed prior to granting access.
To Wrap Up
Apps make life easy and this holds true for the above mentioned ten tax filing apps as well. These apps can simplify the process of filing your tax returns and even identify credits and deductions that can be easily overlooked — unless you are a tax professional.
