Xero Tax Touch is a wonderful mobile-only app that expands your business related tax deductions and makes tracking business expenses simple as well. It’s planned particularly for independently employed people like hair stylists, yoga instructors, consultants, real estate agents, taxi drivers and dog walkers. The user of this app can easily separate the business expense from individual by swiping left for personal or right for business. It also helps the freelancers to put more cash in their pockets by sorting business expenses which might not be coming under the tax deduction. It is a wonderful mobile only application which is one of its kind. There is nothing which can be compared to this Xero TaxTouch.
Tap and Track
Xero TaxTouch is intended to track the business expenses for consultants like you. With this, you can consequently download the transactions from financial institutions such as credit cards and banks. The transaction details will come to your mobile continuously. It additionally has a default category, however you have the full control to alter it. You can likewise organize and distinguish out the transactions whether you need it as business or personal. Basically swipe your mobile to right for business or swipe to the left for personal details.
Set up Your Schedule C
You can likewise deal with every one of your expenses and you can even create reports instantly which will help you set up your Schedule C data that will be valuable for yearly tax return preparation. It is really an amazing mobile-only app to track your business expenses.