FlyFin Introduces More Enhancements to Advanced 1099 Tax Calculator for Freelancers, Small Business Owners, Creators and Gig Workers
Feb 16, 2023
San Jose, CA, United States, 16th Feb 2023 – FlyFin, the world’s leading AI tax preparation and filing service, announced further enhancements to its advanced 1099 Tax Calculator. The updated tax calculator offers freelancers and small business individuals helpful features and information, including the ability to calculate 1099 taxes for federal and state, determine the number of deductions applicable and estimate potential tax savings.
FlyFin’s enhanced 1099 Tax Calculator is designed to help self-employed individuals accurately estimate their tax liability and determine the amount they need to pay in taxes. With the tool’s detailed information-gathering capabilities, users gain deeper insights into their tax situation and make more informed decisions about their tax-saving strategies.
With the introduction of FlyFin’s improved 1099 Tax Calculator, FlyFin aims to help freelancers and small business owners in the following ways:
- Accurately estimate tax liability: the enhanced tax tool provides a more accurate estimate of the amount owed in taxes based on income and deductions, allowing self-employed individuals to budget for tax time and avoid surprises.
- Determine estimated tax payments: The new and improved tax calculator gives self-employed individuals the most reliable possible estimates of whether they will owe more than a certain amount in taxes and whether they need to make estimated tax payments throughout the year – and, if they, they now have a reliable way to know how much they’ll have to pay.
- Benefit from tax deductions and tax credits: The new tool identifies tax deductions and credits that self-employed individuals may be eligible for, helping them lower their tax liability and potentially get a larger tax refund.
Building upon the company’s award-winning AI platform, FlyFin has assembled a comprehensive Tax Resource Center that helps freelancers and self-employed individuals prepare and file their taxes. Tax filers can quickly find topics around self-employment, tax deductions, self-employed retirement plans and practical how-to guidance. To demystify tax preparation, FlyFin’s growing Tax Resource Center offers free tools, calculators, guides, tax forms and more.
About FlyFin
FlyFin is an award-winning, AI-powered platform that provides self-employed, sub-contractors, independent contractors, gig workers, freelancers and creator economy workers with a convenient, easy-to-use and affordable tax filing solution. FlyFin helps individuals maximize self-employment tax deductions and income tax refunds. With a “Man + Machine” approach, FlyFin leverages AI paired with highly experienced tax CPAs to deliver automation that eliminates 95% of the work required for 1099 self-employed individuals to prepare their taxes. FlyFin is a privately-held, venture-backed company based in San Jose, California.
Media Contact
Organization: FlyFin
Contact Person: Carmen Hughes
Email: [email protected]
Phone: +1.650-576.6444
Website: https://flyfin.tax/
City: San Jose
State: CA
Country: United States
Release Id: 1602232497
The post FlyFin Introduces More Enhancements to Advanced 1099 Tax Calculator for Freelancers, Small Business Owners, Creators and Gig Workers appeared first on King Newswire.
More News
Despite a China-India thaw, military relations are stuck in 2020
Chinese President Xi Jinping has met Indian Prime Minister Narendra Modi three times in the past three years. Indian pilgrims are back at Kailash, the Tibetan mountain sacred to Hindus and Buddhists. Air China has restarted flights to New Delhi. But can trust grow between two armies that meet only in a crisis? And why does the Pentagon now talk to the People’s Liberation Army (PLA) more easily than India’s army does? In September, Xi made his first visit to India in nearly seven years; Beijing...
India’s Youth Protests Challenge Narendra Modi
Prime Minister Narendra Modi of India has long succeeded in isolating and undermining opponents. The Gen Z protests pose a challenge unlike any he has faced before.
India’s ‘Cockroach’ Leaders Released as Small Protests Go On in Delhi
The leaders of the Cockroach Janta Party, an Indian youth movement, had been detained by the police on Saturday before they could lead protests over voting rights.
Pakistan imposes emergency rule over ex-PM Imran Khan’s provincial government
Pakistan’s president declared a state of emergency and suspended the provincial government of jailed former prime minister Imran Khan on Sunday, the president’s office said, following allegations it has failed to tackle Islamist militancy. The constitution allows the federal government to take over some or all provincial government functions during an emergency. The provincial governor will take charge with an advisory council, Law Minister Azam Nazeer Tarar told a news conference in Islamabad,...
What to Know About the Protests in India
Scattered protests against sweeping revisions to India’s voter rolls broke out on Sunday in New Delhi. The police met earlier protests with an extraordinary show of force.
A Reporter Returns to China to Find it Richer, but Also Highly Paranoid.
Returning to China after decades away, a correspondent finds bullet trains, dazzling skylines — and a surveillance state more paranoid and pervasive than ever.
What’s in a name? What China and Trump call AI reveals how they see its future
US President Donald Trump wants to banish the word “artificial” from artificial intelligence, saying it makes one of the world’s most consequential technologies sound “fake”. Across the Pacific, however, China’s name for the technology has long carried a different connotation – one that places humans, rather than artificiality, at its centre. Trump last week signed an executive order directing US federal agencies to replace “artificial intelligence”, or AI, with “Super Intelligence”, or SI, in...
India’s cockroach party leaders freed as election chief protests mount
The leaders of India’s youth-led online “cockroach” movement were released on Sunday, their lawyer said, a day after they were detained to thwart a major protest against the chief election commissioner. The leaders pledged on Sunday to continue their campaign against the election commissioner, hours after they were released. Thousands of protesters were detained before Saturday’s planned demonstration in New Delhi, according to the Cockroach Janta Party (CJP), which called on supporters to keep...
Unsung turtle conservation heroes in Malaysia’s Sabah unite to fight poachers
Roziah Jelali has a tip or two on catching a turtle poacher: carrying a pair of binoculars and having patience in spades are key to doing the job well. The 36-year-old Malaysian volunteer ranger once spent three months in Sabah tracking a man whom she suspected of illegally capturing protected turtles. Once thriving off the azure seas of Omadal Island in the Malaysian state, many turtles had been hunted down, killed and sold for their meat, according to conservation experts. Recounting the 2023...
Denuclearising North Korea would ‘defy history’ as US, allies missed the boat
The denuclearisation of North Korea has become an “increasingly improbable” goal and the United States and its allies should move beyond it to devote their diplomatic efforts to talks on arms limitations and crisis communication, the director of the US-based North Korean analysis website 38 North said. Recalling the 20 years since North Korea carried out its first nuclear test on October 9, 2006, Jenny Town said in a written interview that “a pivotal moment” in Pyongyang’s weapons development...
China Expands Its Military Reach by Building a Base in Laos
The new runway in Ban Keun is currently used by only small jets. Neighboring nations are watching warily to see if Beijing expands it for larger aircraft.
Japan’s Sumitomo Bakelite expands China chip packaging materials output amid AI boom
Japanese semiconductor materials giant Sumitomo Bakelite plans to expand production of advanced chip packaging materials in China and Singapore, marking the second such announcement for its Chinese operations in less than four months as artificial intelligence drives demand for more sophisticated semiconductors. The Tokyo-based company said on Friday that it would add production lines for mould underfill (MUF) materials and compression-moulding granules at its facilities in Suzhou, eastern...
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.