If you’re tired of losing receipts or just want a better way to organize your business expenses and charitable contributions for tax preparation, there are plenty of options available to help you go paperless. Below are just a few of the deduction tracking apps out there.
Onvio Client Center
If you’re a client of All Seasons Tax & Accounting Services, you have the option to upload your important tax documents throughout the year in the Onvio Client Center App or web portal. Just snap a quick picture in the app or drag some files from your desktop computer and everything will already be uploaded for tax season. Call us if you need to create an account. Cost: No additional charge to existing clients
Evernote
Evernote can do more than just take notes. It can help you organize any documents important to you. This might mean website clippings, recipes, or emails. From our perspective though, it can also help to organize those important receipts you need at tax time. Take a quick picture on your phone, upload it to Evernote and forget about it until your accountant requests all of those receipts next year. Cost: Free for basic, $7.99/month for premium, $14.99/user/month for business
Quickbooks Online
Intuit’s Quickbooks Online is great for any business to help with bookkeeping, sending invoices and receiving payments. In addition to these basic features, Quickbooks offers a robust receipt capture function. Not only can you take a picture of your receipt, but Quickbooks will categorize your receipts into tax categories and match them up to existing expenses in the system. You can also send your accountant an invite so they can access the information they need whether for taxes or other accounting services. Cost: All plans include receipt capture. The basic plan starts at $25/month and while the most advanced plan is $150/month.