Inspiration

New App is Like Tinder for the Gig Economy’s Taxes

Posted March 10th 2016

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Cloud accounting platform Xero announced a mobile app benefitting the 18.5 million U.S. freelance workers.

The app, Xero TaxTouch aims to help self-employed workers track business expenses and manage their business-related tax deductions. In the Tinder-like user experience, freelancers separate their expenses by swiping right to file a business expense (see image on left) and swiping left to file a personal one.

It also tracks estimated taxes and generates a report to help users prepare a Schedule C document to send to their Xero tax accounting professional (if they have one).

via Finovate