There are two tax systems in the United States: one for employees and one for business owners. Employees get
taxes deducted from their paychecks and there’s nothing they can do to get some of that money back. Business
owners, on the other hand, have access to hundreds of tax deductions, like computers, restaurant meals and
At a 33% income tax rate, most deductions put 66% of every expense back into your pocket. For example, saving the receipt for a $1,000 computer can lower your taxes by $666!
Sandy Botkin, CPA, former IRS tax attorney and senior tax law specialist, estimates that small business owners leave about $4,000-$10,000 on the table every year. Take advantage of the tax savings available to business owners and never leave money on the table again!
“Accountants, tax preparers and bookkeepers tend to err on the side of caution and won’t claim
deductions that can’t be proven because they can be on the hook for penalties. They don’t want to
expose themselves or their clients to this risk.
Business owners need to capture receipts as quickly as possible so their accountants can file accurate and complete tax returns, and get as many deductions as possible.”
CEO and one of the Top 100 Most Influential People in Accounting
A lot of web designers don’t know that the IRS requires receipts to be captured as soon as they’re received.
When you capture these receipts, you need to categorize them and explain how they’re related to your
business. For example, if you capture a receipt for a restaurant meal, you need to explain whom you met with
and what the meeting was for.
If you don’t provide all this information as soon as you receive the receipt, your accountant most likely won’t risk claiming a deduction because their job is to protect you from the IRS auditing you and penalizing you for claiming deductions without proper documentation.
Your accountant’s job is to file your taxes and help you find deductions. Your job is to provide them with all the receipts and documentations they need to claim those deductions.
“When business owners come to us with a pile of receipts and a bunch of spreadsheets, we need to
spend our time doing data entry, organizing everything and fixing mistakes from the past.
When they come to us with everything organized, they ask better questions, they make better decisions and we can spend our time discussing business strategy and finding tax deductions.”
CPA - Schultz & Crouse
Billy makes it extremely easy to capture your receipts with your phone or your browser.
Billy provides a clean and efficient workflow to categorize your expenses and store your receipts for tax time. Turning your receipts into money has never been this easy!
Getting paid for your work should be easy for you and your clients. With Billy, you can create beautiful invoices in seconds and your clients can pay them online.
Billy lets you keep track of your payments and send your clients friendly reminders when they’re late to pay.
Being a talented web designer is only half the battle. Taking control of the money you make is the other
Billy shows you all the money you’re making and spending, all in one place, so you can see how your business is doing and stay in control of your money.
We know accounting and finances can be intimidating, so we’re here to help you whenever you need us. Talk to a real human and get all the answers you need in no time.Contact Us
"Billy’s support put me at ease knowing I wouldn’t feel stupid asking questions about things
I don’t understand."
“Best tech support since the internet was launched. Really knowledgeable about your product.
More suitable for the startup company than the bloated alternatives. Far and away the
easiest to use for someone with no accounting experience.
Effective, efficient and robust platform that doesn't bog down with a gazillion extra steps.
Well laid out, very aesthetic and seamless design that is a breeze to use.
Very easy to use tool, especially if you’ve been around accounting software before. Very
Most creative professionals are not organized with their finances. When it comes to
accounting software, there are a lot of options. Billy is designed for creative