Stop losing valuable client-time and money by manually tracking your business expenses. Freely helps U.S. freelancers to:
🔍 track business expenses in seconds
💰 maximize tax deductions automatically
✌🏻 prepare tax documents effortlessly
Thanks @tiboel for hunting us 🙌
Hey hunters, this is Paola, CEO of Freely!
We are thrilled to be on Product Hunt today as we have been working relentlessly on Freely for over two years now. Can’t wait to hear your thoughts!
📖 The beginning
The U.S. Tax System is complex. This is especially true for freelancers who are expected to:
- Know which expenses can and can’t be deducted 🤷♂️
- Calculate and pay Social Security and Medicare taxes themselves, instead of having those taxes taken out from their paychecks automatically, like W2-employees 🤯
Hiring a good accountant is expensive.
So, most freelancers are left to figure everything out on their own and end up overpaying taxes and losing valuable client-time on receipts, spreadsheets, and complicated tax forms.
💡The idea
After more than 300 interviews and hours of development, we’ve built a SaaS mobile-friendly platform that helps freelancers track business expenses and income automatically, maximize tax deductions, and prepare their tax filing forms (Schedule C, Profit And Loss Statement, etc) quickly and easily.
🚀 How does it work?
Using Freely is easy as 1-2-3!
1. Connect Freely with your business bank accounts and credit cards in order to quickly identify and separate business and personal expenses.
2. Sit and relax! Freely automatically categorizes past transactions that are tax deductible, unlocking hidden deductions and potentially saving you up to $3,751 on taxes, on average.
3. When it’s tax time, generate detailed tax reports with a summary of business income and tax deductions in seconds—ready for tax filing! Freely will also provide detailed instructions on how to use these tax reports to file with a CPA or with tax filing software.
Last but not least, get unlimited help from accounting and tax experts through live-chat and email all year-round. You’ll get jargon-free answers in less than 24 hours!
We’d love to hear your feedback!
Thanks,
Paola and the Freely team 🤗
Hey guys,
Super excited to introduce Freely today!
Freelancers in the U.S. are struggling with tracking and organizing their business expenses, and knowing what tax deductions they can claim. This is causing them to pay more taxes than they should have!
Freely is bridging the gap between freelancers and complicated IRS tax rules so that freelancers can keep more of their hard-earned money and focus on growing their business, instead of losing time and money.
Being stress-free when running your freelance business is key and that’s why Freely is awesome.
Try it out! You’ll get a 14-day free trial.
Cheers!
Congratulations on the launch of Freely on Product Hunt! 🎉
It looks like a great tool to help freelancers maximize their tax deductions and simplify the tax filing process. Could you tell us a bit more about how the platform helps freelancers keep track of expenses and income? 🤔 Additionally, do you offer any special plans or discounts for students and low-income earners? 🤗
Thanks for all your hard work and dedication to making the tax filing process easier for freelancers! 🙌
@paolo_degiglio thanks for the support!
We basically help freelancers keep track of expenses and income by connecting to the bank accounts and cards freelancers use for their business. This allows us to monitor income and purchases to find tax deductible expenses.
That way, freelancers don't need to manually track everything using spreadsheets and losing precious time and money 😊
We don't have any special discount for students and low-income earners but we do have an annual plan at $119/year that saves you 35% compared to the monthly-basis plan 😉
We hope to be able to offer special discounts in the future to support people who are starting their freelance journey.
Hello! My congratulations on the launch of Freely on Product Hunt! 🎉
Really good startup. I have a lot of different expenses on my sequoia.health startup. They are mixed up with my personal expenses and later I can't realize where is my money. 🤷♂️
It's great to have such a resource that can help me to manage my expenses.
Can I ask you about your future plans? What are your next milestones?
good day team
congrats on the launch on Product Hunt!
seems a really useful case for US market. do you plan to expand the product and adapt it for other countries?
Congrats on the product launch, this is super useful. 🔥 Taxes can definitely be a pain in the butt and it's great to see some innovation in this area. Any plans to expand to other countries or is it mainly going to be for US?
Congratulations on launching Freely! This sounds like a great tool to help take the hassle out of expense tracking and save money. What was the most rewarding part of creating this product?
Freely