7. The 3 Best Tools to Use in Managing Your
Posted: Tue Dec 24, 2024 7:11 am
7. The 3 Best Tools to Use in Managing Your Taxes for Bloggers
Here are the tools I’ve used to help manage my own taxes as a blogger throughout the years, making the process of managing my entire business a lot simpler.
1. Sage 50cloud (Cloud Accounting Software for Bloggers and Small Businesses)
Best Tools to use for Taxes - Sage
Sage 50cloud is a cloud-connected suite of accounting tools that offers a armenia phone number library of remote access (from any device), intelligent reporting on your finances, and time-saving automation rules you can put in place to categorize your expenses & compile up-to-date reports anytime. Here are a few of the most useful features of Sage 50cloud:
Easy financial reporting (quick access to current balance sheets, P&L statements, expense reports, etc.)
Real-time financial dashboards available on desktop and mobile
Cash flow forecasting and the ability to generate reports for your CPA to review
Remote access from any device type, anywhere in the world
Invoicing and fast online payment collection
Automatically import all bank transactions and assign categorization rules
2. Quickbooks Self-Employed (My Personal Tax Tool for Bloggers)
Best Tools to use for Taxes - Quickbooks
Quickbooks Self-Employed is how I keep track of the taxes for my own blog business. It’s extremely affordable (starting at $15/mo), and it is easy to connect with your bank accounts and start using to better keep track of your income and expenses. Some of their most used features include things like:
Separating all of your personal and business expenses
Automatically categorizing and maximizing your deductions
Helps with estimating your quarterly taxes
An easy-to-use mobile app for managing your business on-the-go
Mileage tracking (for travel and vehicle-related deductions)
Even more importantly, Quickbooks Self-Employed can also be bundled together with another flagship Intuit product—TurboTax, to make filing your taxes for bloggers that much easier when the time comes each year.
Here are the tools I’ve used to help manage my own taxes as a blogger throughout the years, making the process of managing my entire business a lot simpler.
1. Sage 50cloud (Cloud Accounting Software for Bloggers and Small Businesses)
Best Tools to use for Taxes - Sage
Sage 50cloud is a cloud-connected suite of accounting tools that offers a armenia phone number library of remote access (from any device), intelligent reporting on your finances, and time-saving automation rules you can put in place to categorize your expenses & compile up-to-date reports anytime. Here are a few of the most useful features of Sage 50cloud:
Easy financial reporting (quick access to current balance sheets, P&L statements, expense reports, etc.)
Real-time financial dashboards available on desktop and mobile
Cash flow forecasting and the ability to generate reports for your CPA to review
Remote access from any device type, anywhere in the world
Invoicing and fast online payment collection
Automatically import all bank transactions and assign categorization rules
2. Quickbooks Self-Employed (My Personal Tax Tool for Bloggers)
Best Tools to use for Taxes - Quickbooks
Quickbooks Self-Employed is how I keep track of the taxes for my own blog business. It’s extremely affordable (starting at $15/mo), and it is easy to connect with your bank accounts and start using to better keep track of your income and expenses. Some of their most used features include things like:
Separating all of your personal and business expenses
Automatically categorizing and maximizing your deductions
Helps with estimating your quarterly taxes
An easy-to-use mobile app for managing your business on-the-go
Mileage tracking (for travel and vehicle-related deductions)
Even more importantly, Quickbooks Self-Employed can also be bundled together with another flagship Intuit product—TurboTax, to make filing your taxes for bloggers that much easier when the time comes each year.