Become a self employed it's fun, you are not bound by the rules of a boring company and all your earnings into your own. But the drawback is you have to take care of your own finances and taxes, it is a pretty exhausting work.
The good news is now available for tax software that can be used to handle taxes for freelancers and the self-employed. With this tool, you don't have to do tax preparation manually, more time-saving and reducing miscalculations.
Here we have put together 6 software tax for the self-employed and freelancers can help deal with your taxes.
The Best Tax Software For Self-employed
1. FreshBooks
This cloud-based accounting solution for business owners have gotten praise from leading entrepreneurs such as Pat Flynn and the Roman Mars. Designed to help freelancers who are busy saving time every year, FreshBooks is a mobile-friendly solution that offers 4 million active users. It is strong enough for the big agency, but available as a freelance plan with a cheaper price; pay only $15 for the lite package over 30-day free trial.
2. Intuit QuickBooks
Favored by over 4 million business owners worldwide, Intuit QuickBooks software can be used by freelancers with just $5 per month. A beautiful interface and integration with most major banks, as well as tools like Shopify and PayPal. It is also easy to keep track of your expenses while traveling with "photo's" their cell that allows for tracking and categorization of digital. Even the most basic package using the same proprietary technology that is favored by professional bookkeepers to use more sophisticated packages.
3. Wave Accounting
Not sure pay monthly plan is for you? The unique difference with Wave is that you pay as you wish. No monthly minimum required for billing, invoice tools, scanning receipts, and tracking the cost of this is cutting-edge. Wave makes money by processing all major credit cards used to pay you. If you do not process any payments in a month – you don't pay anything!
The Best Tax Software For Freelancers
1. TurboTax
Owned by power financial, Intuit TurboTax products is one of our most popular tax products and reliable on the market today. Available as a download or a CD, many freelancers are also choosing their online web service, which lets you fill out taxes and see what you would pay (or restore) before you commit to filing. You only pay if you ask, and the cost to the federal refund products is between $89-120. Returns additional countries. ( Note: If you choose a CD or downloadable options, it's easy to import the info last year for a faster archiving.)
2. H&R Block
Popularized by brick and mortar stores them, a freelancer can now use tax H&R service Block trusted from the comfort of their own homes. Entrepreneurial version of their online software starting from $75, plus extra for refund of State and an optional review your returns from a tax professional. In addition contains all the forms required by freelancers (such as Schedule C), there are transfer functions unique to help motorists Uber and any business that uses the Stride in transferring information from the notes of their work directly to the tax form them.
3. TaxAct
Known for its free archiving options for returning the easiest, TaxAct now has the appropriate software options for freelancers. Less than $45 (the cheapest in the industry), independent contractors can maximize the reduction and filing a form free of charge-for an extra fee in the form of the State. Choose to download the software or use the program online.