Taxlendar: Tax DeductionsLog for iPhone

Taxlendar: Tax DeductionsLog

Taxlendar: Tax DeductionsLog is a business and productivity app available on the iPhone platform. Developed by Taxlendar Inc, this free app aims to simplify the process of tracking tax-related expenses for business owners.

With Taxlendar, users can leverage their existing work calendar to log tax deductions, eliminating the need for a separate activity log. By syncing with their regular calendar app, such as iCalendar, users can automatically import their work schedule, appointments, events, and activities.

One of the standout features of Taxlendar is its automatic mileage detection. When users arrive at a business location, the app detects the arrival and records it as a mileage deduction. This eliminates the need for manual tracking and ensures accurate mileage calculations.

Additionally, users can input other business expenditures such as meals, tips, tolls, and parking. The app also offers intelligent receipt scanning, allowing users to scan multiple receipts at once. Taxlendar extracts the expenses and matches them to the correct events automatically.

For users who need to provide a tax log to their CPA or accountant, Taxlendar offers the option to export a detailed tax log with just a few clicks. The log includes categories such as travel expenses, meal and lodging, vehicle expenses, and other expenses, with attached receipt images.

Overall, Taxlendar provides a convenient and efficient solution for recording mileage and tax deductions. By synchronizing with the calendar and automating calculations, it saves users valuable time and helps them stay organized during tax season.

Please note that Taxlendar is available for a monthly subscription fee of $0.99, with the first month being free. However, considering the potential savings of $11,000 per year on average, the cost seems reasonable for the benefits it offers.