The days of manually entering your miles into a log book are gone. It even has your bank account balances displayed for a quick and easy update on your financials. Here is where you get a real-time snapshot of your: It provides you with a great experience making it easy to navigate between tabs. If your needs are beyond these, consider their advanced accounting software like QuickBooks Online. It’s best-suited for freelancers with basic bookkeeping needs like tracking expenses, mileage, and help with finding tax deductions (QBSE automatically scans for all deductions you qualify for). Buy and sell products (like retail outlets do).The ability to pay employees & 1099 contractors.QuickBooks handles it from there.īecause QuickBooks Self-Employed (QBSE) isn’t advanced accounting software and lacks certain features like: Once that’s done, link your bank accounts, credit card accounts, and any debit cards you want to be tracked. Setting up an account takes less than five minutes. They even let you test drive their software to see if it’s exactly what you need.įreelancers, independent contractors, sole-proprietors, and the self-employed are who QuickBooks had in mind when creating this software – basically, anyone who needs to fill out a Schedule-C at tax time. Equipped with a 29% discount off your first three months with purchase ( $17a month). QuickBooks Self-Employed Tax Bundle Live (premium plus).The tax bundle also comes with a 29% discount for the first three months when purchased ( $12 a month marked down from $17). QuickBooks Self-Employed Tax Bundle (premium).You can take advantage of their promo and get the first three months at 50% off ( $5 a month marked down from $10). Its parent company, Inuit, did over $1.5B at the end of last quarter. They’ve got over five million customers worldwide. It even exports your Schedule-C at tax time (Schedule – C is what accompanies your 1040 tax form and is for the self-employed). QuickBooks Self-Employed (owned by Intuit) is software that lets you import transactions automatically, track your mileage, and maximize your tax deductions. Let’s get after it! What Is QuickBooks Self-Employed? If math is getting in the way of a generous tax return while attempting to run your operation successfully, you need to read this.
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