Top 5 Tax Apps for iPhone:
The success of the iPhone is something largely driven by its incredible app community. On its own, the Apple device is a slightly enhanced version of the dozens of other smartphones on the market.
Combined with the app community, however, it is a dynamic device that is tailored to your individual needs and provides all the convenience of a virtual assistant. This is no different with regard to taxes. Here are 5 iPhone Apps to help you with your taxes:
List of Top 5 Tax Apps for iPhone:
Every spring the teeming masses known as accountants climb out of their shadowy caves like hordes of bats, ready to calculate how much you owe the government and how much they owe you. For those of us who are not privy to our own personal bat-man, software such as TurboTax provides a fast and easy way to do your taxes without the headache of scouring through a hurricane of paperwork. TurboTax now has an app for the iPhone as well, which even lets you (using the SnapTax feature) snap a photo of your W-2 as opposed to uploading a file. The transfer of data and crunching of numbers happens all automatically.
The IRS is known as an organization with an unyielding will and an intractable need to find you and collect. However, IRS2GO is not a tracking device of that nature. In fact, it tracks the status of your refund, and provides you an abundance of tips to help you file faster and keep abreast of new legislative updates. When it comes to anything related to taxes, IRS2GO is the app that will keep you on the ball and help you save money every tax season.
When it comes to business travel or small business owners, you want an app that will help you keep track of all the little receipts and tax write-offs that apply to your company or career. This app will take photos of your receipts and store them in the app, keeping track of all the relevant information, including time and date, payment option, name of the store, and price. You can converge the data from this app with software for you various expense reports such as CSV and Quicken. No more stumbling through a box of white slips, no more tangled paper and receipt confetti. Everything is stored digitally, and can be sorted with the press of a button.
4. ISP Apps
For small business owners and self-employed individuals, it’s important to keep track of your business related expenses. A self-employed individual will often rely heavily on the internet, and their ISP should have an app to help you manage it. For example, AT&T offers myAT&T, which allows you to organize your U-Verse account and check your various phone and data usage, while still providing an easy way to pay your bills.
5. Banking Apps
A mobile banking app is another way to keep your banking records manageable for tax season. A bank mobile app will give you access to your previous statements, accrued interest, and other tax related information that can be merged with your accounting software. Two banks that offer this service, for example, are Chase and PNC. Contact your bank and inquire about whether they have a mobile banking app which you can download for your iPhone.
John Richards is a writer for www.EmployersLiabilityInsurance.com an online resource for business owners.