Get your contractor income and expenses ready for tax time
Client payments, card purchases and receipts can end up in different places during a busy year. Arkrel helps US self-employed contractors bring those records together for tax preparation.
Start with one statement free. Upload it, review the transactions merchant by merchant, and see your income and spending in My year.
Gather your income records
Collect the bank statements for your business activity. Keep the 1099 forms you receive alongside client invoices, payment records and records of cash income.
Organize the files by tax year so you can find the detail behind a payment when preparing your records.
Review spending with your work in mind
Arkrel sorts transactions for merchant-by-merchant review. Use receipts and your knowledge of each purchase to choose categories and separate business spending from personal activity.
Keep the supporting details for supplies, software, advertising and other purchases together with the year’s records.
Bring the year into a report
Catch-Up includes:
- Schedule C category totals.
- A cash-basis profit and loss report.
- Likely deductions to review.
- A downloadable tax report.
- An accountant-ready transaction file.
Bring the report and transaction file to your accountant alongside your income forms and supporting records.
Choose the year you want to prepare
Catch-Up is $499 per tax year with a 30-day money-back guarantee.
For the current year, Autopilot is $49/month with a 14-day free trial.
See the first statement in My year
The Free plan includes one statement through upload, merchant-by-merchant review and My year.