This tool looks incredibly helpful for freelancers, including on-demand workers like Uber/Lyft drivers. It comes from the makers of Hurdlr. Tax write-offs can be confusing as hell and this breaks it down so simply and with thoughtful product design too.
We've been getting a lot of great feedback on the site from our users. Aside from Googling around for tax information and deductions, there isn't really a better way, unless you talk to a CPA.
I see lots of options for rideshare/Uber but I'm curious if this is applicable to services like Turo (renting your car like AirBnB). I did a tiny bit of digging and didn't feel like it was easy to find...
LOVE it! I'm a consultant who advises small businesses, and I will recommend it to all of my clients. Just posted it on my FB business page, too. Great work, you guys!
Nice work here. The nomad world definitely needs a "Deductions for Dummies"!
It might be out of scope, but trying to find out about niche travel deduction stuff that only really affects digital nomads on the move is what keeps me up at night. If my tax home is in New York and I happen to be in Tokyo doing the DN thing, and I fly to San Francisco for a conference, can I deduct the full flight, or do I need to estimate the NYC -> San Fran flight? If I do a stopover in Honolulu for a week, can I deduct both Tokyo -> Honolulu and Honolulu -> San Fran? What about if I meet a client in Jamaica (who is not from Jamaica) for a week long retreat where we're working on a project 30 hours/week? Can I deduct flights/food/accom for that too?
These are all things I'm trying to figure out now, and if you could address those kinds of niche concerns to DNs, I think this could be a massively valuable resource.
@sean_casey Thanks for the challenging use cases of a worldly DN, Sean! Our hope is to engage tax advisors on the site, including through the discussion boards at the bottom of each deduction. Could you post these scenarios here?: http://99deductions.com/deductio...
Side gigs and side hustles have become the norm for most people, to the point that 1 in every 4 are doing it -- soon it’ll be 1 in every 3.
We've built 99Deductions to help Designers, Developers, Uber Drivers and even Airbnb Hosts easily learn about their tax obligations. Without having to first consult with a CPA or tax filer. There wasn't an online resource that translated taxes into English, specifically for different types of freelancers and side gigs. Our vision was to offer this education for free, and make it quick and easy to digest, even on your phone. So you can simply make more money, and be better prepared if you do consult a CPA or use a tax filer.
We'd love to get your thoughts and feedback on 99Deductions. We launched this with 20 different "types" of entrepreneurs and freelancers to start. What other types would you add? Are we missing any content you think would be helpful?
Been waiting for something like this. Hope I'll see a UK/international version soon. Follows the trend of de-jargonizing legalese, like the tl;dr service for websites' T&Cs and software licenses.
@neilsatra there is no reason why taxes cannot be simplified.
Although we don't have any immediate plans to build content for the UK financial system, it doesn't mean we won't consider it in the future.
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