Income Tax Prep
Income Tax Preparation will help you get ready for income tax filing.
Coming soon
Automated tax preparation isn't available yet. By design, the page does not show an estimated tax liability — that number would not be computed from your actual books, and a fabricated figure is worse than none. When automated prep ships, this page will compute business income and deductions directly from your ledger.
What to use in the meantime
The two reports below give you the real numbers most tax prep starts from:
| Card | Use it for | Opens |
|---|---|---|
| Pre-tax income | Net income before taxes — the starting point for estimating business income | Reports → Profit & Loss |
| Deductible expenses | Recorded business expenses, including those flagged tax-deductible | Reports → Expenses Report |
Tips & best practices
- Mark expenses as Tax Deductible as you record them in Finance → Expenses so the Expenses report is filing-ready.
- Run the Profit & Loss for your full fiscal period to capture pre-tax income.
What's next
- Review profitability: Reports → Profit & Loss
- Track deductible spend: Reports → Expenses Report
- Record expenses: Finance → Expenses