Preparing for tax season can be daunting, but with TaxFox’s Tax-Ready Inbox, you can stay organised and ensure you have everything you need to lodge your tax return. This feature helps you check off essential tasks, keeping you on track and ready for a stress-free tax season.
Why Use the Tax-Ready Inbox?
Many taxpayers feel overwhelmed during tax season due to poor organisation and incomplete documentation. The Tax-Ready Inbox provides a clear and structured approach to organising your tax-related tasks, making it easier to stay on top of your tax obligations and maximise your refund.
How the Tax-Ready Inbox Works:
Personalised Checklist: TaxFox creates a personalised checklist based on your occupation and financial activities. This checklist includes common tasks and reminders tailored to your specific tax situation.
Task Tracking: Track your progress as you complete each task on your checklist. The Tax-Ready Inbox provides a clear overview of what’s done and what still needs attention.
Document Organisation: Store and organise all your tax-related documents in one place. Upload receipts, invoices, and other necessary paperwork directly to the app, ensuring everything is easily accessible when you need it.
Automated Reminders: Set up automated reminders for important deadlines and tasks. TaxFox will notify you when it’s time to complete a task, helping you stay on schedule and avoid last-minute stress.
Benefits of Using the Tax-Ready Inbox
Stay Organised: Keep all your tax-related tasks and documents in one place, making it easier to manage and complete them on time.
Reduce Stress: With a clear checklist and reminders, you can approach tax season with confidence, knowing you’re fully prepared.
Maximise Your Refund: By ensuring all tasks are completed and documents are organised, you can maximise your deductions and boost your tax refund.
Key Tasks to Check Off
Gather Income Statements: Ensure you have all necessary income statements from employers, banks, and investment accounts.
Track Work-Related Expenses: Log all work-related expenses, including travel, home office supplies, and education costs.
Organise Receipts: Upload and categorise receipts for deductible expenses.
Review Deduction Eligibility: Use the personalised checklist to review potential deductions specific to your occupation.
Set Up Reminders: Schedule reminders for important tax deadlines and tasks.
Export Documents: When you’re ready to file, export all necessary documents and summaries directly from the app.
TaxFox offers a range of plans to suit different needs
BASIC (Free):
Save 12 tax-deductible expense receipts.
Log up to 20 work-from-home days.
Save up to $1,000 worth of deductions.
Link 2 bank accounts.
Save up to 15 trips for work vehicle.
Ideal for anyone working from home less than 1 month in the year.
SMART ($8/month, billed annually):
Store 24 expense receipts per year.
Log up to 80 work-from-home days.
Save up to $2,000 worth of deductions.
Link unlimited banks and accounts.
Save up to 60 trips for work vehicle.
Ideal for employees with expenses, employees working from home at least 1 day per week, and easily preparing for tax return lodgements.
GENIUS ($13/month, billed annually):
Store unlimited expense receipts per year.
Log unlimited work-from-home days.
Save unlimited value of deductions.
Link unlimited banks and accounts.
Save unlimited trips for work vehicle.
Ideal for claiming every dollar of eligible tax refund, DIY tax return lodgers, entrepreneurs and self-employed, and employees with a home office or working from home more than 1 day per week.
Try TaxFox Today!
Stay organised and stress-free this tax season with TaxFox’s Tax-Ready Inbox. Check off essential tasks, keep track of your documents, and be fully prepared to lodge your tax return. Download TaxFox today on Android or iOS, and take control of your tax return preparation. For more information, visit www.taxfox.com.au or follow us on Instagram, Facebook, and LinkedIn.