You can link your business banking account as well as your credit cards, Square payments, PayPal payments, Uber account, FreshBooks, Upwork and more. This is a great feature especially if you have issues staying current with your finances and putting aside the money that is necessary to keep up with your tax payments. When we signed up with the app for this Hurdlr review, we found it simple and easy to get started. The layout of the app is also very intuitive, with multiple easy-to-use functions. Overall, Hurdlr is a great app for anyone that needs to manage the financials of their business easier, faster, and in a more automated way. Uncovering the top online income methods is what we’re all about at WebMonkey.

QuickBooks Online

Of course another advantage to Hurdlr is that it comes in a bit cheaper than Quickbooks’ base price. Without promotional codes, QBSE is $10 a month (or $17 for the tax bundle) while Hurdlr is $7.99 paid monthly or $4.99 if you pay for a year. With all that said, I’m personally not quite ready to leave QBSE behind in favor of Hurdlr but might reconsider after tax time.

Hurdlr vs. ExpensePoint Comparison:

On top of being dedicated web enthusiasts themselves, our authors have been trusted by reputable outlets like Forbes, Business Insider, and dozens of other publications. If you don’t make a significant amount of income from side hustling or aren’t self-employed, Hurdlr isn’t for you. I’m not being compensated financially for this post, although I will include a Hurdlr affiliate link which might benefit me financially. Still, there are few other APIs that hold a candle to the simple, effective, and all-encompassing nature of this program.

I understand that if you want auto-completion for all transactions you need to pay for the feature, but i just want to un-sync an account and try for a few more days before I make the decision. In fact I was looking forward to trying this tool out on the desktop version of the app. At first, it didn’t seem like such a feature was included on the website but, when I went back, I manage to locate it. I’m not sure if this was a change that just happened or I somehow just missed it before (very possible) but I’m glad to have it either way. If you remember how many times you have forgotten to track your mileage, this feature of the Hurdlr app can be a real lifesaver as it remembers exactly where and when you traveled for your business. With the Hurdlr app, you can see exactly how much money you need to set aside to pay your quarterly and year-end taxes, based on your other expenses.

  • On top of each tab serving a clear purpose and being well placed within the app itself, I appreciated the mechanics of each of these tools on the whole.
  • Hurdlr is a new, innovative program for both individuals and businesses that helps you save money.
  • The app gives you a constant view of where your money needs to go and how much you need to set aside to pay come tax time.
  • This Hurdlr review only offers a glimpse into what the app can actually do for your business.
  • Ideally, you’ll use one specific bank account for your business expenses and income.
  • You can label each task with what client it’s for, add notes, and of course start and stop the timer.

Automatic Income & Expense Tracking

Hurdlr is finance and expense management software that automatically tracks mileage, company spending, income streams, and tax deductions in real-time. The platform caters to both businesses and self-employed individuals, offering a range of free and paid plans to suit various budgets and financial management needs. It’s beneficial for mileage tracking, especially if you drive for Lyft or Uber.

  • In order to accomplish this goal, there are a number of core features that make Hurdlr incredibly useful for side hustlers.
  • After 6 years, that site merged with WebMonkey, with the goal of helping even more people earn their first dollar of online income.
  • Hurdlr is an automatic business expense and mileage tracker that is designed to help entrepreneurs or side hustlers organize their expenses and save money through tax deductions.
  • Competitors to Hurdlr include QuickBooks, Rydoo, Expensify, Pocketguard and Zoho Expense.

Small Business Product Reviews

At the end of the year, you can file your state and federal taxes with TaxSlayer through the Hurdlr app. The app will also help you estimate your quarterly taxes and know when to pay them. Plus, all the mileage that is accumulated during your designated work hours will automatically be added to your business deductions estimate. Use the app to review your trips, and classify them as business or personal by swiping left or right.

It’s an easy and inexpensive way for people to track mileage along with their income and expenses. To date, the Hurdlr app has tracked $6 billion in finances and saved $250 million in taxes with its automatic tracking that never misses a purchase. The mileage feature is a handy little tool that automatically tracks your mileage. It reads the distance you have traveled without having to manually input the mileage by hand. Once you have completed the initial sign-up, you can then automatically link your accounts to start tracking your financials.

ALTERNATIVE APPS & OPTIONS

If you use a CPA (certified public accountant) you can also email Hurdlr reports to them to make life easier for everyone involved. Plus, you can also email yourself reports or monthly breakdowns of your income and expenses to monitor how your business or side hustle is doing. Ultimately Hurdlr is a decent way to automatically track all of the income and expenses related to your business or side hustle. Hurdlr allows users to monitor their income, which is an important part of securing as many tax deductions as possible. Once you enter some basic income information into the app, it can also deduct any expenses or income tax from your total income to provide an accurate picture of your earnings. The Hurldr app is all about automating processes and centralizing data so you can save money and time.

Standout Features:

Surely you’re sensing a theme here — that being “manual.” In order to unlock many of Hurdlr’s best features and bring it closer to what Quickbooks or others would offer, you’ll need to upgrade. Hurdlr’s expense tracking is quite similar to Quickbooks Self-Employed’s in several ways. Another similarity is in the ability to create rules for your transactions.

Moreover Hurdlr offers additional integrations for this tab beyond your traditional bank accounts. This includes the ability to link accounts from Upwork, Uber, Square, Stripe, PayPal, and more. Personally I didn’t have a chance to try out any of these integrations for myself but I could definitely see where they would come in handy.

Hurdlr is a tool for freelancers, entrepreneurs, gig economy workers, and others to easily keep track of their expenses, mileage deductions, and more. The app utilizes a “freemium” option, allowing users to either retain a scaled-down free version of the app or upgrade to unlock additional features. Paid subscriptions cost $7.99 a month or $59.99 for a year, which brings the cost down to around $5 a month when paid annually.

Being self-employed or working as an independent contractor can be a rewarding and lucrative way to earn income. However, the busier you are running your business, the more you may struggle to maintain the accounting fundamentals of your hurdlr review business. With software programs like Hurdlr, you can have your cake and eat it too. Hurdlr is perfect for people with side hustles or those who are self-employed.

TripLog and Mile IQ are similar mileage tracking services for both individuals and small groups. Small business owners and independent contractors may get more use out of Hurdlr’s free or paid tools, and there is no active user minimum. To sum it up, Everlance gives users slightly more for free, but Hurdlr’s paid automatic tracking bonuses are more affordable and easier to use. With it, you can set up your annual taxes to be filed automatically, and you can invite your accountant for free with a limited separate access point. The Hurdlr Premium Plan includes everything in the free plan plus automated mileage, expense, and income tracking.

Of course, personal finance is personal so one person’s experience may differ from someone else’s, and estimates based on past performance do not guarantee future results. We are not financial advisors and we recommend you consult with a financial professional before making any serious financial decisions. Sometimes it’s worth the money to have a smoother process when filing your federal and state taxes.

Here you can view various transactions and categorize them as either business or personal. Additionally you can attach photos of your receipts to transactions, split them between categories, and more. We highly recommend using the Hurdlr app to track your business expenses and revenue. This plan includes everything the free basic plan offers as well as auto expense tracking, auto income tracking, speed tagging, and settable work hours. If you aren’t good at tracking your income and expenses as a freelancer, tax time might bring on a whole lot of frustration. Hurdlr simplifies this entire process and is able to give you a general idea of what you should expect for your tax season.