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I'd like to find some free or cheap software (<$30) that can help me track my sales tax spending. I'd like to use the output from the program for my income tax sales tax deduction. I live in a state with no income tax so I get to use the sales tax deduction. I could use a spreadsheet but I'd like something a little slicker and easier than that. I'm looking for a web application or Mac software. Thanks! I can easily exceed the standard deduction with my normal spending.
by MoB @ April 15, 2008 2:34 am
I live in a state without state income tax and unless you make rather large purchases, such as cars, boats, major improvemets to your home, then it automatically calculates your sales tax allowance based on your income. I've had to figure it out one year with a client who insisted that I add up every single receipt and there was like a $10 difference and it cost him $50 to add up the receipts. So unless you make major purchases in addition to regular sales tax, it's not worth your time. Otherwise, keep track of it on Excel.
Hello, I have just started up a new online business, I was looking for software (paid or free) to help me keep track of my sales and tax information. Any ideas on a good product to use? Thanks.
by Wayne Z @ November 22, 2009 5:59 pm
Use MS Excel and track it on your own.
My small business that I started this year hs sold about $20,000 and currently I only have my sales/costs/expenses on an Excel spreadsheet and need an actual way to input and keep up with sales/purchases/freight/taxes/expenses,etc.... anybody have any ideas?
by Eve @ November 22, 2009 4:27 pm
GnuCash is one I really like.
You know how there's tax software for small business owners? It keeps track of every sale in your retail store and then come tax season, you just have to print out the paperwork you need to bring in to your accountant. Is there any software that a FOREX trader could use that could take the hassle out of keeping records of every trade the investor makes and then come tax time all you have to do is just print out the paperwork you need to bring to your accountant? Many thanks, C.L.
by Paul U @ September 21, 2007 3:59 pm
Good question and it 'tis the season to start planning for taxes. Do yourself a huge favor and check out http://www.greencompany.com/ for alot of free info on taxes for traders. They also have a tool that I have used the allows you to download reports from the major brokers and attach them to your tax filings. Good luck. Paul Upp

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