Set Schedule C Clients up for Success With a QuickBooks Self-Employed Account
Skip the surprises at tax time by helping your Schedule C clients stay organized year-round. Now, you can create a QuickBooks® Self-Employed (QBSE) account for your Schedule C clients right from QuickBooks Online Accountant (QBOA).
QBSE automatically imports transactions and tracks mileage for your clients, sorting each deduction into Schedule C categories along the way. Plus, it’s integrated into QBOA, so you’ll have full access to your clients’ books anytime, anywhere. That means, come tax time, you save time (and sanity) reviewing accurate and organized data.
Here’s how it works:
Import transactions for simple sorting: Your Schedule C clients can securely connect to their bank account, and easily separate business and personal transactions.
Keep clients organized – no shoebox required: Point, snap, store; a quick pic is all it takes to keep receipts organized.
Maximize mileage deductions: Automatic mileage tracking means automatic deduction tracking. QBSE customers typically find an average of $7,393 in potential mileage deductions per year.1
Plan ahead and skip the tax-time crunch: Quarterly tax summaries keep both you and your clients up-to-date so that there are no year-end surprises.
Easily add clients to QBSE: Create new QBSE client accounts right form QBOA, just like you would a new QuickBooks Online client. If your clients are already using QBSE, they can invite you to collaborate in the new accountant section, located under the gear icon. It’s that simple.
Manage all your clients right inside QBOA: Keep up-to-date with all of your QuickBooks clients under a single client list.
Check out our FAQ to learn more about benefits of using QBSE.
1Based on TY15 subscribers that have identified >$0 in business expenses, and of those users that have >$0 in tax savings and have logged between >0 and <250k miles.