Apps and Tech Help with Taxes

Heading toward the April 15th* tax deadline, it’s a good time for some tips to help with tax preparation, organization, filing and finding out when you will get your return. If you haven’t completed your taxes there are a number of apps and products to make it easier than ever. If you are done with your taxes, check out some of the ways that can make next year’s tax preparation easy for you or your tax accountant.

Note: The contents of this slideshow is not intended as tax advice and may be incomplete or outdated. Please check with your tax accountant or the IRS about your particular circumstances.

*April 17 in 2012.

By: Barb Gonzalez

April 1, 2012

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Source: The Neat Company

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NeatWorks Organizes your Receipts to Help with Taxes

Whether you are self-employed, own your own business, or have business, medical or other deductions, you probably have a box full of receipts that you drag out to do your taxes. Thermal printed receipts may have faded over the year.

The NeatWorks software for PC or Mac can organize your receipts and export tax reports to either Quicken, Quickbooks or an Excel Template where you can aggregate all of your tax deductions before exporting them to tax software. NeatWorks can export directly to Turbo Tax too. NeatWorks is compatible with a number of scanners, or you can use the NeatDesk Desktop scanner.

The IRS accepts scanned copies of receipts so you can throw that bag of receipts away. You must be able to reproduce and print the receipts on demand, so make sure you backup your scanned receipt files before throw away the paper copies.

If you have too many receipts from 2011, perhaps you can start scanning receipts to make next year’s taxes easier.

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