It’s that exciting time of year again when people everywhere get their finances in order and either pay or get money back from the government. That’s right, tax time. For those of you who haven’t filed yet, you are quickly running out of time (April 15 is less than two weeks away). But we understand procrastinating because we all know doing your taxes can be a hassle. Lucky for you, we have put together a list of six apps to make filing your taxes a little easier and more cost effective. Isn’t technology wonderful?
TaxCaster by Turbo Tax
Sitting down to do your taxes can be a scary thing. Having an idea of how much you owe (or could get back) up front could make the process a little less stressful. This tax calculator can tell you how much you might owe or what your refund might look like ahead of time. It can also show you what will happen come April if you take out certain percentages for taxes on each check throughout the year.
For the cost of $2.99 (it’s the only paid app on our list), you can keep track of any charitable donations throughout the year and ultimately save a lot more than that when tax season rolls around. Even non-cash items you donate can be recorded and the app will figure out what their fair-market value was when you donated them. Think of the $2.99 as an investment.
H&R Block 104EZ/ TurboTax SnapTax
Got 10 minutes? Use one of these apps to file your taxes quickly and easily. All you have to do is take a picture of your W-2 and the apps will fill in the blanks. Keep in mind this app only works with simple returns – you have to make less than $100,000 a year, have no dependents and only can have W-2s.
If you are one of those people who has drawers full of receipts and invoices and tax time means finally organizing them to itemize deductions, Concur can help. Simply take a picture of your receipt and the app will store it digitally so you can easily access it when you need it. You can also use Concur to manage travel and submit expense forms.
Buy your entire inventory online? Slice helps you track online purchases and integrates with your email so you even get notifications about shipments. By keeping a history of your purchases, you can collect all business and education expenses in one place when it’s time to file your taxes. It’s a one-stop-shop to a return.
One component of doing your taxes includes referencing bank accounts and credit cards for interest and spending. This app combines all of your financial accounts in one spot so you can create and track a budget and analyze expenses. Mint automatically categorizes spending and tags deductions to prepare for filing taxes, and after you submit your return, it keeps you posted on the status of your refund.