Common Tax Insights
$ 7,530
Income
$31,566.11
4.3%
Your spending is below risk territory, which is more than 85% of take-home pay.
Expenses
$17,668.56
1.9%
Upcoming
$1,956.11
7.11%
Savings
$487.76
3.47%
Overview
Business Deductions
From All Accounts
$14,704
Business expenses are costs incurred in the ordinary course of business. Every business, from the smallest corner store to the largest corporation, tracks these expenses throughout the year for tax purposes. Business expenses are subtracted from revenue to arrive at a company’s taxable net income.
Home Office Deductions
From Quickbooks
$2,300
Business Assets
From Quickbooks
$21,20
Other Deductions
From Quickbooks
$4,552
Meals and Entertainment
Found 17 eligible transactions
High Cash Balance
Deposit funds into with high APY
Home Office Deductions
Found 27 eligible transactions
Startup Expenses
Startup costs: 9 transactions found
1099-K Reporting Required
View AllAngela Guzman
Via Cash app
$1,660
Henry Curtis
Via PayPal
$1,100
Derrick Simmons
Via Cash app
$850
Katrina West
Via Cash app
$700
Samantha Shelton
Via Venmo
$700
Joe Perkins
Via Cash app
$680
