Whether you are a contractor, side hustler, self employed or gig worker, One-Receipt maximizes your legitmate tax deductions & client related expense reimbursements.
The key to maximizing your legitimate expense claims to reduce your taxable Gig Income &/or hassle free client reimbursement is DOCUMENTATION & SUBSTANTIATION.
The challenge is that tax authorities are mandating & enforcing the separation of business use vs. personal use.
When something (an expense) has both a business & personal componet... Only the documented & substantiated business usage may be claimed
Based on the above requirements how do you calculate & only claim the business usage of things like :
We solve these hassles via the use of the One-Receipt Platform
Tax authorities have put Gig Workers in their gunsights. The odds of an audit are considerably higher if you have Gig Income, and the tax authorities have been exceptionally explicit in their warnings on the need to ensure proper documentation & substantiation and the associated consequences of failure.
Countries that have been most explicit and have made repeated warnings include : USA, Canada, UK, Australia and New Zealand.