File 1099 taxes in minutes

With a unique combination of A.I. and a CPA team that understands the complexities of how to file a 1099 for self-employed individuals, freelancers and independent contractors, FlyFin changes the game for self-employed individuals, freelancers and independent contractors. Together, A.I. and CPAs take the work and the stress of how to file 1099 taxes away from taxpayers and save them more on taxes than in previous years.

Step 1: A.I. finds every tax deduction

The moment a self-employed person clicks the button to connect their business expenses, FlyFin's powerful A.I. gets started searching automatically for every deductible business expense. A.I. catches even the smallest write-offs — we're talking about the notepad you needed for that meeting or the eyeliner you bought to do a product test - because every write-off counts.

The more deductions A.I. finds, the lower your taxable income is, and the less you pay in taxes. And, A.I. becomes your trusted bookkeeper, assigning each deduction it finds to an IRS category based on over one million tax rules the federal tax agency has. You can accept or recategorize to ensure accuracy and help A.I. learn over time, so when it comes time to file a 1099 online and submit your annual return, you're as ready as humanly (and A.I.-ly) possible.

The best part? A.I. looks at digital records of every purchase you made for your business, so you don't need to save your receipts all year long or keep elaborate spreadsheets. All the information you need for 1099 filing is accessed digitally by A.I., and those digital records are all the IRS will ever require for verification.

If you're a freelancer or self-employed individual, how to file1099-NEC forms and other self-employed tax forms is much more complicated than taxes for employees of a company, which is why we built FlyFin to do the work for you. But while you're letting A.I. do its thing, there are five tips every self-employed person should be aware of about the general process of how to file a 1099.

Step 2: upload only the necessary documents

After a thorough review of your tax profile and deductions, the CPA team sends you a list of the documents to securely upload so they can e-file every 1099-NEC for you and prepare your tax return. The list is comprehensive, so there's no risk of leaving anything out, but it's also a list of only the necessary documents, so you don't spend anymore time gathering information than you need to.

If you have a question about a document or where to find it, or about how to file self-employment taxes or how to file a 1099, for example, the CPA team is a click away. Just log in to the app anytime 24/7 to ask a CPA any question.

Step 3: A.I. CPAs prepare and file your state and federal returns

After you've provide the necessary documents, the CPA team takes the reigns to begin the process of preparing and submitting your 1099 electronic filing. All you have to do is answer a few questions about your tax profile, so CPAs can tailor their approach to your individual tax situation.

The CPA team reviews all your business expenses and deductions to ensure 100% accuracy in your tax return. The most accurate possible tax return makes your taxable income as low as possible, so you save as much on your taxes as possible and avoid anything on your return that would attract the attention of the IRS. Pro tip: a red flag now can have implications for several tax returns in the future, which means being careful now helps you maximize your tax savings in the long run.

With a maximum turnaround time of two days, the team sends you your return review and sign-off. You'll be invited to meet with a CPA to go over the return together in real time, or you can review it on your own. Either way, when you're happy with your return, you'll be asked to e-sign it. And that's it, you're done with taxes for the year.

Step 4: CPAs e-file your tax return

It's important to note that the CPA team only does e-filing, because the reasons for this affect whether your return gets accepted or rejected. Filing paper forms allows for points in the process where error can occur, including tax forms being lost in the mail or not making it to the IRS for some reason (it happens).

But the beauty of living in the digital age is that there's very little room for error. When you're e-filing 1099 taxes, you can rest assured that your tax return is accurate, secure and successfully filed.

If for any reason, the IRS contacts you after filing for more information about your return, the free audit insurance that comes with your FlyFin plan means our CPA team protects you. The team acts as your point of contact with the IRS, handling every request and answering every question, so you never need to worry if you're saying the right thing or making a mistake that could get you into a difficult situation.