January 23, 2009 -- GoBootstrap.com (www.GoBootstrap.com) just added two new features designed to make like easier for entrepreneurs this tax season. First, users of its free and simple online bookkeeping software can now generate a Schedule C report that takes their categorized expenses for the year and generates a ready-to-go IRS form. Second, with the February 2 deadline for filing 1099 forms for independent contractors approaching, GoBootstrap customers can now see at a glance for whom they have to file a 1099, and by what date.
In these harsh economic times, more and more people are turning to self-employment as a means of supporting their families and gaining financial independence. But being self-employed adds the significant burden of personally managing the tax reporting and filing aspects of a business. Bootstrap is an extremely simple-to-use web service that helps self-employed people, work-at-home people, sole proprietors and micro-businesses track income and expenses, pay estimated taxes on time, and see how their business is doing.
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