TaxTally - AI Bookkeeping for Freelancers
Lead
lead
Financial Analyst
Lead Engineer
Product Designer
Overview
TaxTally is an AI-powered bookkeeping tool built specifically for freelancers and solopreneurs. Upload any bank statement CSV and TaxTally automatically categorises every transaction, flags tax deductions including meals, home office, and equipment, and generates an audit-ready monthly P&L report in seconds. Built on IRS Schedule C categories. Includes a polished React dashboard, smart categorisation engine, and fully operational API. Production-ready with zero build errors across 19 modules.
Mission
Value Proposition
TaxTally automates bookkeeping for freelancers by transforming raw bank statements into actionable financial insights. It eliminates manual data entry, ensures maximum tax savings by auto-flagging deductions, and provides "audit-ready" monthly P&L reports in seconds.
Target Customer
Independent freelancers, consultants, and sole proprietors who manage their own finances and want to spend less time on spreadsheets and more time on billable work.
Revenue Model
SaaS Subscription: $29/month flat fee for full access to all features (unlimited uploads, categorization, and reporting).
KPIs
- Monthly Recurring Revenue (MRR): Total subscription revenue per month.
- Churn Rate: Percentage of users cancelling their subscription.
- Deduction Accuracy: Percentage of transactions correctly flagged for tax savings (to ensure product trust).