Can I use this app as a deduction given that we are using it to try and separate business expenses vs personal along with track deductions?
Brian • Multi professional
In general, professional services like legal services, and accounting-related services, filing fees for your income generating freelancing business are tax-deductible on your Schedule C of Form 1040. In the FlyFin App, you can mark the expense as a deduction.
Dixon is one of the best tax experts from the United States. He has an experience of 28 years in the field of corporate finance. Before FlyFin, Dixon had served as the Tax Head at KPMG, NJ.