What is it about?
Taxbot begins tracking your trip from the second you start driving. You can record mileage, business expenses, and receipts all in one spot. The app allows for multiple businesses and vehicles with the same account and a training library for tax assistance. Plus, if you have unclassified trips, the app will offer suggestions from items on your calendar.
Why we love it
Taxbot is a great tool for tracking your mileage as well as receipts and travel expenses.
Taxbot® is FREE but there are more add-ons
App Store Description
Track Your Mileage, Receipts, & Expenses Automatically. Oh, And It's Actually Designed To Protect You In An IRS Audit!
AUTOMATIC MILEAGE TRACKING
Taxbot tracks all your driving in the background so you don't have to remember to do it. Later, you can easily identify and classify your business trips. Each trip card displays:
-Detailed map highlighting the exact route taken
Full addresses (not just a city)
-Easily merge trips
-Trips ending within 30 minutes of an event on your calendar will suggest the purpose of the trip to help identify it.
Simply swipe personal trips left and business ones right.
SMARTMATCH RECEIPTS TO EXPENSES
Your Only Job -- Snap pictures of physical receipts (Takes about 1 second). Your email receipts can automatically be imported with your permission.
Taxbot Takes Over -- The app reads the receipts using OCR (optical character recognition). When the bank or credit card charge shows up in your bank account a day or two later, Taxbot will:
-Match photo and email receipts to the correct bank transactions
-Fill in missing data*
-Categorize the expense
-And Send it back to you for your approval!
Simply swipe personal expenses left and business ones right!
*If an expense or trip needs additional information to be tax compliant the card will flip and ask you for the information.
RECREATE YOUR PAST WITH SMARTMATCH
Signing up mid-year?
-Upload past bank statements
-Snap pictures of the receipts stuffed in your shoebox
-Wait 15 minutes and your receipts will be matched and ready for review.
DESIGNED BY AN IRS ATTORNEY TO BE BULLETPROOF AGAINST AN AUDIT
The IRS wins in 83% of audits. The primary reason is not cheating... It has to do with poor record-keeping. The IRS can ask you to prove your deductions with things like:
-Copies of receipts and invoices for almost every expense (very few exceptions)
-A written log for "meals" expenses that detail who you met with and the business discussion
-A mileage log for that includes the reason for each drive.
Unfortunately, most accounting programs are not designed to make sure you have the proper proof in case of an audit.
EASY REPORTS YOUR ACCOUNTANT WILL LOVE
Amaze your accountant with our AuditSafe Reports which include:
-A complete Profit & Loss Statement.
-Pictures of all your receipts along with IRS required information printed below each photo.
-Detailed mileage log with all the proof you need
Now if you get audited you can hand the auditor your report with confidence!
Simple Set Up - Easy To Use
100X RETURN ON INVESTMENT
On average Taxbot customers track and save over $10,000 in taxes... Not bad considering Taxbot is only $8.33 per month (when billed annually). And even that is tax deductible too!
If you have any questions or problems please call us! We actually have a customer service department! 855 -4-Taxbot (855-482-9268)
A monthly or annual subscription is required to use Taxbot. Your Taxbot subscription will automatically renew each month for $9.99 or annually for $99.99 and your credit card will be charged through your iTunes account.
*Note: Because trip tracking uses the GPS in your phone we recommend plugging your phone in while driving to help with battery usage. When you are driving we use highly accurate GPS points so we can give you an actual map of your route. While driving, Taxbot will use battery equivalent to other navigation or GPS enabled apps. Continued use of GPS running in the background can dramatically decrease battery life.
TRY IT RISK FREE FOR 14 DAYS!
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