UNCOMMON SENSE
Doesn’t it make more sense to track deductions while you spend money, rather than after you’ve spent it? We knew your husband would agree.
Start Next Year’s Taxes Every Time You Go Shopping!
If you’re like the rest of us...
Right around January 15th, your husband starts begging for you to deal with the big, ugly shoe box of receipts hiding under your desk. Right around April 10th, you actually pull it out and madly type the piles of receipts into a spreadsheet or your inventory program—then promise yourself that next year things will be different.
Ascend Financials updates and totals your Schedule C tax deduction reports every time you earn or spend a penny.
You’ll get a few jollies out of learning that Ascend Financials:
- Your purchase of Ascend is a tax deduction on your IRS Schedule C (our personal favorite)
- Knows that all Section 2 expenditures, freight fees, PCP orders/premiums, and ProPay fees expenses are tax deductions and automatically adds them to your reports.
- Allows you can mark any expenditure as a tax deduction by utilizing the Business Expense drop down menu as you fill out your checkbook register.
- Remembers your Payees and which of them you marked as a business expense last time; and auto-fills the name and category for you.


