As absolute acreage agents, you are acceptable for a host of deductions—from car breadth to commons and entertainment—permitted you accumulate clue of your business-related expenses. However, with so abounding costs and so little time, it’s accessible to lose receipts, balloon what was business and what was pleasure, and absence out on answer opportunities appear tax time. QuickBooks Self-Employed provides the solution.
As an app and online product, Quickbooks Self-Employed was advised with absolute acreage professionals in mind. It automatically imports and categorizes expenses, advance your mileage, and captures your receipts, authoritative tax division a breeze. In fact, on average, QuickBooks Self-Employed has helped subscribers yze an boilerplate of $4,340 in abeyant tax savings.
“At Intuit, we’re on a mission to change the banking lives of absolute acreage agents about the world,” says Alex Chriss, carnality admiral and accepted administrator of Self-Employed Solutions at Intuit. “We apperceive that agents face abundant challenges aggravating to alter a aggressive absolute acreage bazaar and access income. That’s why we advised the QuickBooks Self-Employed Tax bundle, to advice agents accumulate added of that hard-earned assets in their pocket, with a custom-built band-aid that maximizes their deductions, simplifies tax time with automated filing, and provides bright afterimage into their cash-flow throughout the year.”
Michelle Pettway, a REALTOR® with PalmerHouse Properties in Atlanta, Ga., and administrator of the Acreage Systems Training Institute in Georgia, has been application QuickBooks for years, but abstruse about QuickBooks Self-Employed during aftermost year’s National Association of REALTORS® Conference & Expo.
“I acclimated to use Excel and altered spreadsheets to accumulate clue of everything, which got confusing, but already I heard about this, I accomplished it accomplishes aggregate I need,” she says. “Because I’m on my buzz so much, this is actual convenient.”
A self-confessed cardboard hoarder, Pettway can artlessly breeze a photo of a cancellation and balloon about accepting to book the cardboard one away—a compound for adversity in the accomplished back receipts would accumulation up in altered places at home and in the office.
“There accept been times I accept absent receipts or forgot to log something, but this helps me accumulate clue of things, and I don’t balloon them because I do them appropriate abroad from area I am,” she says. “Nothing is falling through the cracks.”
Pettway has aggregate the acquaintance with her absolute team, and additionally has gotten her acceptance on lath with QuickBooks Self-Employed.
“One affair is accurate with best absolute acreage professionals: we’re not that abundant at acclimation paperwork, so this takes it all off the table,” she says. “It takes automating to a accomplished new level.”
For every 1,000 afar driven, addition $500 in tax deductions can be produced, but the IRS needs affidavit of all trips, both business and personal. The automated breadth tracker on QuickBooks Self-Employed eliminates the charge for absolute acreage professionals to manually access abstracts about every mile driven. Instead, every cruise is automatically tracked, and users can instantly see the deductions they’ve earned.
According to Chriss, absolute QuickBooks Self-Employed users log an boilerplate of $7,393 in abeyant breadth deductions per year, and find, on average, 45 percent added abeyant deductions by logging miles. In total, users accept logged over $125 actor in abeyant breadth deductions.
Another abundant apparatus to advance appear tax time is TurboTax’s Self-Employed product, which works with into QuickBooks Self-Employed. With TurboTax Self-Employed, absolute acreage professionals can bigger acquisition every answer with one-on-one advice from industry experts appropriate there on the screen. By amalgam with QuickBooks Self-Employed, accomplishing your taxes has never been easier.
“Providing accoutrement which save our agents time and money and leads to their success is at the amount of our aggregation strategy,” says Mike Hickman, admiral of Seven Gables Absolute Acreage in Tustin, Calif. “Financial administration is an befalling we articular to advice access our agents’ advantage and productivity. Intuit’s QuickBooks Self-Employed app makes tracking business costs and breadth throughout the year so abundant easier, and TurboTax ensures our agents are maximizing their tax refunds.”
Those who book a 2016 federal acknowledgment with TurboTax Self-Employed by April 18 will be acceptable for a adulatory cable to QuickBooks Self-Employed until April 30, 2018 at no added cost.
Chriss addendum that alluring and application the best aptitude in a aggressive bazaar is a top antecedence for brokers, and these accoutrement are a abundant advantage to action agents.
“Brokers are consistently attractive for the best accoutrement to abutment agents and aish the accountability of authoritative tasks,” he says. “By adopting accoutrement such as QuickBooks Self-Employed and TurboTax, brokers are able to action their agents an accessible and affordable way to administer their expenses, abridge finances, aerate deductions and book their taxes so they can allot alike added time to what they do best.”
For added information, amuse appointment QuickBooks Self-Employed.
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