Mezzi - Save on your taxes

Thanks @5harath for hunting us and the kind intro. Hey Product Hunt! 👋 I'm Manish Jain, co-founder of Mezzi. I started Mezzi with @hersh_reddy because we wanted to empower individuals to build wealth without feeling like they have to maintain complicated spreadsheets or pay an expensive wealth advisor thousands of dollars each year. Despite having a finance degree 🎓, I’ve even found that one of the most complicated aspects of personal investing is tax-loss harvesting. The term itself, like many things in finance, is intimidating and thus it’s something many people overlook. For many years, come tax filing time in April I’d find myself surprised by the tax bill on my stock trades. This became even more complicated when I got married and started filing taxes jointly. Needless to say, my wife was not happy when we owed thousands of dollars instead of getting a refund. 💰 Tax-loss harvesting allows you to avoid these taxes by offsetting your investment gains 📈 with losses 📉. But it is really challenging to track all of the gains and losses across my account and my wife’s account throughout the year. As a result, I often end up making a rushed decision to save on taxes in the last few days of the year. We’ve built Mezzi’s tax loss harvesting feature to help you save throughout the year. While dogfooding our feature, I’ve personally saved thousands. Don’t save your tax-loss harvesting decisions for December 31st. But, with a few weeks left in the year, it's better late than never. Download Mezzi now and see how much you can save on your taxes before the year is over. Keep using it to stay on top of your investment taxes and losses and make smarter investment decisions throughout 2024. We’re offering one free month of tax-loss harvesting (Mezzi Premium) if you sign up by Sunday 12/17 📅 using code PHFREE. If you don't find your tax savings or our other insights to be worth the subscription, we'll be happy to refund you. Here’s a summary of v1 of Mezzi’s tax-loss harvesting feature and we’d love your feedback: 1️⃣ Estimated capital gains taxes 2️⃣ Estimated savings from taking losses against your gains or ordinary income 3️⃣ An aggregation of all your losses in one place 4️⃣ Reminders to repurchase stocks in 31 days to avoid IRS wash sale rules 5️⃣ AI-powered suggestions to replace your losses The easiest way to redeem the promo code is by following this link: https://apps.apple.com/redeem/?c... While we’re here on Product Hunt to share our tax-loss harvesting capabilities, you’ll find a lot more in Mezzi (for Free) including: 📊All your investment accounts in one place 📈Portfolio performance benchmarking 🌐Overview of your portfolio allocation 👀Monitoring your portfolio concentration Privacy is extremely important to us. We don’t and never will sell your data, which is why we have a transparent subscription model. We hope you'll check us out! Sign up and download Mezzi from our website. Got any questions or issues using the promo code? Don’t hesitate to reach out at manish@mezzi.com or help@mezzi.com.

Heyo people! Tax season is around us, so today, I'm stoked to introduce an awesome product that will save you thousands of dollars! Meet Mezzi, an app that manages your own investments, and gives you financial advisor superpowers without the expensive fees! I know Manish from my On Deck days and have always been impressed by the way he led the team to build cool tools in fintech. They have built a tax-loss harvesting feature that will help you save money throughout the year. The whole team is here to answer any questions so feel free to drop your feedback 👇🏼

Thanks @5harath for hunting us! Hi Product Hunt community! Hersh, Co-founder and CTO of Mezzi here. As busy parents of three, my wife and I have always had a keen sense that we need to do more to make our hard-earned savings work harder for us ... you know, all the stuff people say you should do ... find the funds with the lowest fees, take your capital gains losses before the end of the year to save on taxes, etc. But projects at work, projects at home, kids' activities, social obligations, everything is fighting for your attention every hour of the day. When do you have the time to sit in quiet and think carefully about optimizing your investments? There never seems to be the right time. What we want to do at Mezzi is make these simple optimizations to your investments as painless and as easy as possible. People talk about the activation energy you need to do a particular task ... some things need a great force of will to just sit down and begin (like doing your taxes or writing that great American novel). We want to lower the activation energy for investment optimization so it's as easy as opening Instagram or Twitter. Just tap our icon on your phone and get insights on your phone that direct you in the right direction. To start, we're helping you build wealth with tax-loss harvesting and saving on fund fees. But we are just getting started! Over time we want to make more and more available to our users so you feel like you can confidently build wealth without complexity, and go spend more time with your friends and family (or Netflix!) Go download our iOS app! We've packed in a lot of great features for free, and you can also access our Premium insights for a month for free with Promo link: https://apps.apple.com/redeem/?c... We have apps for Android, Web, and Desktop in internal Alpha. Drop a comment if you would like early access to any of these platforms. We plan to stagger our releases based on customer demand. Most importantly, we'd love your feedback.

Congrats to @hersh_mezzi and @fintechnerd for the launch! I have downloaded the app and already have saved over a thousand dollars on my taxes this year! Quick question for the team - If I have a tax-loss that is rolling over from the previous year, will Mezzi be able to track that? If not, it would be cool for me to be able to put it in manually so that I can see how that would change my tax insights. Thanks in advance!

Great job, guys! How much does the app/service cost? Are there different subscription options?

Congrats on the launch! I’d like to try this out. App looks cool. Do I need to connect my broker? Do you work with Schwab? Looking forward to using it!

Good luck on your launch 👍

Super excited at the release of this product - much needed feature for most of us that have kids and cannot spare the time for a boring and complicated task such as investment optimisation using tax minimisation - I personally have been sufficiently confused by my CPA - can’t wait for the features to be rolled out - all the best Hersh and Manish

Excited to try this - does it support Schwab?

This is very useful

Congrats

All the best for the launch!

Hi Folks. Manish and Hersh have pioneered a fantastic investment and tax-saving tool for the masses. Manish, being the financial wizard he is, has taken a giant step to democratize financial advisory for regular users. More power to Team Mezzi.

Excellent tool to have to save on taxes is truly exciting prospect and a must for all paying taxes.

This app is incredible. They just told me I could save over $3,000 on my taxes! By the way, the app looks awesome. Glad I'm using it!

Congrats to the @makeitjain_ and Mezzi team on the launch. Perfect timing for tax-loss harvesting investment decisions - and this app with its simple user interface make it so easy. An app that helps you save money - it is a no brainer.

Congrats @makeitjain_ and the Mezzi team! Looking forward to using the full breath of useful features this app has to offer! Can’t wait to see what the future brings for Mezzi!

How does this compare with Wealthfront?

I've been getting your email updates for some time. Mezzi's functionality so so impressive, and your velocity of putting out such helpful features is inspiring to watch. When are you coming to Canada? We need this here!

Congrats on the launch. Looks awesome! What do i need to do to sync my brokers? Also, do you cover fixed income ETFs? Looking forward to being a long time user.