Lunafi - 1099 Tax Write-offs 2.17.1

Start your free trial now! Manage your finances effortlessly with Lunafi, a comprehensive financial management tool designed for self-employed freelancers, independent contractors, consultants, and small business owners.

Accounting & Taxes

• Expense Tracker: Easily classify your transactions as business expenses with a single tap.
• 1099 Tax Calculator: Get an estimation of your 1099 tax and federal income taxes for your freelance business with the self-employed tax calculator feature.
• Tax Savings: Discover how much you can save on self-employed taxes through 1099 deductions without having to be familiar with IRS tax deduction rules.
• 1099 Write-offs: Receive personalized suggestions for tax write-offs based on your profession.
• Reports: Generate comprehensive Profit & Loss and Expense Reports that you can conveniently send via email.
• Automated Tasks: Create rules to automatically classify upcoming transactions for regular business expenses. Mark your accounts as business accounts to ensure every transaction is properly categorized.

Mobile Invoice Generator

• Create professional-looking invoices in under a minute using our efficient invoicing tool.
• Schedule invoices for future dates or save them as drafts for later use.
• Check invoice status to keep track of payments.
• Send payment reminders to clients to ensure timely payments.

Financial Insights

• All Transactions in One Place: Connect your checking, credit card, and PayPal accounts securely or add transactions manually to effectively manage your accounting, expenses, and business income.
• Health Insights: Gain valuable insights into important business metrics through monthly, quarterly, and yearly breakdowns.
• Income Goals: Set annual income goals and track your progress, including a projected estimate of your contractor taxes when you will reach your goal.
• Categorize Your Income: Properly categorize your business income, especially if you have both full-time and side jobs.
• Earnings by Client: Add clients to your income records and easily identify your highest paying clients.

Your data is secure with Lunafi as it provides read-only access to your financial institutions through Plaid. All network traffic is encrypted, and Lunafi does not store your online banking credentials.

Please note that Lunafi does not provide tax advice, tax preparation, legal, or accounting services of any kind to individuals.

Lunafi's expense tracker and invoice maker cater to a wide range of professions, including consultants, graphic designers, photographers, writers, art directors, hair stylists, estheticians, customer service professionals, small business owners, online sellers, content creators, cleaners, Uber, Lyft, and DoorDash drivers, and many more.

Maximize your tax savings with Lunafi by uncovering more write-offs:

• Home Office Expenses
• Advertising
• Parking and Toll Fees
• Materials & Supplies
• Conferences & Continuing Education
• Software & Subscriptions