Turn bank statements into Schedule C totals
Arkrel helps US self-employed people turn bank statements, card statements and receipts into organized records for tax preparation.
Start with one statement free. Upload it, review your transactions merchant by merchant, and see your income and spending in My year.
Start with the records you already have
Collect the statements for the tax year you are preparing. Include the credit card statements used for business purchases and receipts that explain what you bought.
Keep the records together by account and year so they are easy to find during review.
Review the business purpose behind each merchant
Arkrel sorts your transactions for merchant-by-merchant review. Use your knowledge of the work to choose categories and separate business spending from personal purchases.
For merchants you use for both work and home, refer to the receipts as you review the activity.
Bring the totals into tax preparation
Schedule C reports income or loss from a business operated as a sole proprietor. Arkrel’s paid tax report organizes category totals for that preparation process. IRS explanation of Schedule C.
Catch-Up also includes a cash-basis profit and loss report, likely deductions to review and an accountant-ready transaction file.
Choose the tax year you need
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 your first statement in My year
The Free plan includes one statement through upload, merchant review and My year.