It’s time to start gathering all these receipts together for your 2017 tax preparation!
An ugly job to say the least!
I found two apps that will save time for next years tax prep time…if you own an iPhone and if you start now!
The first is called Veryfi | Receipts and Expenses and it is a way to capture and classify your expenses as they happen. You use it to scan your receipts in to your phone and then you use it to classify them.
It has two versions, Free and around $15.00 a month. You can find it in the iPhone App store at https://itunes.apple.com/us/app/veryfi-receipts-and-expenses/id804152735?mt=8
The next item is for your car mileage tracking. It’s by the same developer and it too is only for the iPhone. It’s called Veryfi Logbook Mileage Tracker. Again, there is a free version and a paid version. Near as I can tell, once you pay for one the other one gets included.
It works by sensing the motion of the car and recording the milage. After the trip you can classify the trip as personal or business. You can get it on the iPhone app store at https://itunes.apple.com/us/app/veryfi-logbook-mileage-tracker/id1299311240?mt=8
Both apps offer reporting so it gets easier to show your expenses to your accountant along with your expendable driving trips!
As a bonus, they also have a third app that is designed to keep track of your loyalty cards so you don’t have to carry them around with you! This one is called Cards Wallet and you can get it on the iPhone app store at https://itunes.apple.com/us/app/cards-wallet/id1078036373?mt=8
Sorry, I don’t know of similar apps for the Android platform!
