Users of TaxAct Professional Product Suite can Strengthen Their Offering for Gig Economy Members with the Everlance App for Automatically Tracking Mileage & Expenses
Cedar Rapids, IA – March 15, 2018 – TaxAct announces a strategic partnership with Everlance, which has developed an app enabling independent workers and small businesses to automatically track mileage and expenses. Tax professionals can complement their offering for contractors and the self-employed with the Everlance app to help these taxpayers optimize their tax savings each year.
"Too many members of the gig economy tend to focus on running their businesses at the expense of keeping track of receipts that can help them capture tax-saving opportunities," said Sanjay Baskaran, President of TaxAct. "By partnering with Everlance, we are giving tax professionals the perfect tool for helping self-employed and freelancing clients seamlessly log all job-related mileage and expenses ahead of filing their taxes—and identify ways to potentially maximize their refunds."
Everlance (https://everlance.com) users typically record well over $6,500 a year in individual tax deductions. Everlance was established at Stanford University in 2015, and today has grown to more than 300,000 users who log over $1 million in expenses and mileage every day. The app enables users to upload images of receipts to the cloud for secure storage. Everlance can also be synced to credit card statements, and search for potential tax-saving opportunities as a customer uses their credit card throughout the year.
Everlance is now available for use by tax professionals that rely on TaxAct's suite of TaxAct Professional products. For more information, visit https://proadvance.taxact.com/partners/everlance/.
"Everlance replaces the shoebox of receipts and paper mileage log used by so many independent workers with a convenient and intelligent app that stores all their trips and receipts on the cloud," said Alex Marlantes, Co-Founder and CEO of Everlance. "Digitizing this data allows individuals to save time and money by finding extra deductions. Tax professionals also love the improved quality of documentation, and being able to quickly see their clients' expenses in spreadsheet form. We're excited to team up with TaxAct so that contractors and freelancers can work with their tax professionals to become more profitable and efficient. It's a win-win."
TaxAct is the savvy tax-filing partner, providing hardworking Americans with affordable digital and downloadable tax management software to successfully navigate the U.S. Tax Code and improve their overall financial well-being. TaxAct's products enable all users, regardless of profession or tax bracket, to quickly, accurately, and cost-effectively file their taxes—and find ways to save money in all areas of their financial lives.
TaxAct also offers a suite of TaxAct Professional enterprise solutions to help independent tax professionals maximize revenue and optimize client service. TaxAct Professionals can efficiently manage and grow practices of any size using scalable software and e-filing options which are customized for their businesses. To learn more about TaxAct, a business of Blucora, Inc. (NASDAQ: BCOR), visit www.taxact.com and www.taxact.com/professional, or connect with us on Facebook, LinkedIn, and Twitter.
Founded in 2015 by Alex Marlantes and Gabriel Garza while graduate students at Stanford, Everlance was developed to help the growing independent workforce with an intuitive app that tracks mileage and expenses. Available in the iTunes App Store and Google Play, Everlance was chosen by Apple and Google as one of their "Best New Apps." For more information about Everlance, please visit www.everlance.com and follow us on Twitter, Facebook and YouTube.