Description
SnapTax is a Freelancer Tax Planning Software designed to help manage income, deductions, mileage, and taxes for independent professionals and 1099 workers.
It addresses the complexities of freelance tax management, assisting with tax estimation and payments, which are required quarterly by the IRS.
SnapTax provides current insights into your federal and state tax obligations throughout the year. Using your income and deduction data, SnapTax projects estimated quarterly payments, due dates, and annual tax liabilities based on current IRS tax brackets, self-employment tax rates, and standard deductions for all US states.
Key features include real-time tax estimates, AI-powered expense categorization, GPS-enabled business mileage tracking with IRS-compliant logs, asset depreciation tracking for equipment and vehicles, receipt management, and the ability to export tax data to TurboTax.
Aimed at a wide range of freelancers such as independent contractors, gig workers, consultants, real estate agents, and small business owners, SnapTax aims to simplify and streamline tax planning for individuals receiving 1099-NEC or 1099-K income.
Pricing Plans
Releases
Reviews
Pros & Cons
Pros
Tax planning specifically for freelancers
Up-to-the-minute tax monitoring
Manage income and deductions
Cons
No multi-state tax support
No integration with other software
Limited to 1099 income
