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I would pay $1000/yr for this service if you could do one key thing: figure out, based on the receipts, which ones are tax deductible (e.g. food) and which coul

by veyron 15y ago

I would pay $1000/yr for this service if you could do one key thing: figure out, based on the receipts, which ones are tax deductible (e.g. food) and which could be tax deductible if I did something extra (e.g. NY ST 121.3, sales tax exemption for computer hardware). None of the existing solutions take the tax issue to the next step.

phankinson 15y ago
Exactly.... This is the key pain point we are trying to solve! Glad to see you think it would be useful :)
- deleted 15y ago
  [deleted]
- darkmethod 15y ago
  Not to rain on your parade. Shoeboxed* does this type of thing already. I am currently using their limited trial. http://www.shoeboxed.com/receipts-for-taxes/ http://www.shoeboxed.com/receipts-for-taxes/ I'm not sure how you would differentiate yourself. You might have in mind other ways to tackle this problem. You have an excellent idea and the space ripe for disruption because I for one dislike receipt management for expenditures. It is a necessary evil. *I'm in no associated with any of the above.
  - veyron 15y ago
    The key thing which all of the existing solutions miss is proactive recommendations based on your company. I mentioned ST 121.3 as an awesome example because most NYC startup founders aren't aware of the rule.