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I've always wondered why there isn't a mint-like service to help anyone minimize taxes..
by throwaway-1283 8y ago
I've always wondered why there isn't a mint-like service to help anyone minimize taxes..
- pkoullick92 8y agoUs too!
- throwaway-1283 8y agoBut why was the obvious first use case for 1099 workers? I guess I was thinking of an app that would, say, see I have a losing investment and recommend that I sell before EOY to offset some taxes. Or put more money into my 401k if I hadn't maxed out by EOY if I was close to being dropped to a lower income bracket.
- pkoullick92 8y agoWell, we wanted to start with something that directly and clearly puts money in your pocket. Tax write offs are a good one for that - we feel like too many people donate to the IRS. When it comes to financial advising, there's a lot we can do but it's also trickier to automate.