FlyFin Tax Evaluate 2026: Have A Professional Do Your Taxes

FlyFin Tax – Is It Actually Free?

FlyFin Tax provides a 7-day free trial. This permits freelancers to make use of the app to determine and categorize deductions. Within the first week, you may kick the tires and provides the software program a take a look at run earlier than committing to a paid plan.

Customers who proceed with the Normal Plan ($192 per yr) can have a CPA file their Federal and State taxes as a part of the service. You’ll have to improve to the premium plan ($348 per yr) you probably have an S-Corp or need video conferences along with your CPA.

What’s New In 2026?

FlyFin upgraded its AI capabilities for 2026. Its AI instrument can now overview your bills to determine potential deductions, which is a big profit. As with all tax software program, FlyFin has up to date its software program to acknowledge the most recent deductions, credit, and different limits for 2025 tax returns (filed in 2026).

Accountants are additionally guaranteeing that returns adjust to the most recent tax code updates, akin to modifications associated to medical health insurance, state and native taxes (SALT), self-employment taxes, and up to date brackets and limits for credit and deductions.

Does FlyFin Make Submitting Taxes Straightforward In 2026?

FlyFin simplifies tax submitting for freelancers with a two-pronged strategy to tax submitting. First, the corporate finds tax deductions for freelancers and different enterprise homeowners instantly from linked monetary accounts.

It makes use of AI that will help you discover, confirm, and document all deductible bills. You need to use FlyFin automated bookkeeping year-round, making tax time a lot simpler. You may entry revenue and expense stories based mostly on the AI’s compiled and analyzed knowledge.

Second, FlyFin Tax connects customers to CPAs via the app. These CPAs can use FlyFin Tax stories to organize tax returns for freelancers shortly. 

The service is designed particularly for freelancers, although entrepreneurs and different small enterprise homeowners might be able to use FlyFin. For instance, gig employees, musicians, artists, and unbiased contractors could discover FlyFin worthwhile.

FlyFin Notable Options

FlyFin’s easy-to-use bookkeeping technology and full-service tax preparation make it a standout for freelancers and others who combine their enterprise and private funds.

CPA-Ready Tax Returns

The way it Works: FlyFin downloads transactions out of your financial institution and bank cards, and a tax preparer makes use of that information to finish and file your tax return.

FlyFin Tax customers can have their tax returns prepared by a CPA. A tax assistant will acquire all the required info by way of video so the CPA can put together a tax return for the filer. With the premium plan, you may meet with the CPA instantly.

AI Designed To Detect And Document Eligible Bills 

FlyFin Tax has a number of algorithms skilled to assist various kinds of freelancers determine and document deductible bills. The corporate provides an app with push notifications when potential deductible bills are discovered. You may verify the bills instantly via the app with a swipe. If a person has questions on a particular expense, they’ll ask their assigned CPA instantly via the app.

Quarterly Tax Calculator

FlyFin Tax has a quarterly tax calculator that generates estimated tax burdens for freelancers. The app consists of revenue and bills in order that customers don’t dramatically over or underpay in a given yr.

Associated:
The Ultimate Guide To Self-Employment Estimated Taxes

Possibility To Export Tax Experiences

Freelancers who need to file taxes on their very own (or use a special tax software program) can export stories that they’ll use to file taxes independently. However as you’re already paying for tax prep as a part of the membership, that may be an pointless expense.

FlyFin Tax Notable Drawbacks

Whereas FlyFin is a wonderful product, there are a number of drawbacks to utilizing this app. These are some things that freelancers ought to contemplate.

Should Improve To Meet With Your CPA

Freelancers who go for FlyFin Tax might want to improve to the Premium package deal to schedule conferences with their devoted CPA. You’ll additionally should improve to the upper plan you probably have an S-Corp and want 1120S and Okay-1 varieties.

No Mileage Trackers

FlyFin covers virtually all facets of freelance bookkeeping, besides mileage monitoring. Freelancers will seemingly want to make use of an app like Everalnce or MileIQ to assert the suitable deductions.

Billed Yearly

FlyFin is a tax and bookkeeping service that’s paid yearly. You may’t divide the prices up by month. The considerably hefty annual charge for some enterprise homeowners could also be a pressure for freelancers on a good funds.

FlyFin Tax Pricing And Plans

FlyFin posts its prices as monthly fees, but it surely prices prospects yearly. As soon as the 7-day free trial is full, FlyFin prospects should pay the total charge.

All plans embody limitless CPA recommendation concerning the deductibility of sure bills. Customers merely request a CPA overview for an expense, add a number of particulars, and obtain an evaluation from the CPA.

How Does FlyFin Examine?

FlyFin Tax supplies full-service tax returns and bookkeeping at a cheaper price level than different main tax submitting companies. For instance, Picnic, which additionally matches tax filers with CPAs, begins its small enterprise tax submitting at $500. The price rises you probably have further submitting wants. 

If you would like entry to small enterprise tax software program however would like to deal with your personal submitting, chances are you’ll need to go for Intuit’s TurboTax. It provides premium DIY tax submitting software program for small companies, however you may also work with an professional for a further price. 

Nevertheless, doing the maths for my very own taxes (submitting my S-Corp with TaxAct and TurboTax for my private), I used to be paying $343. Nevertheless, with FlyFin, I might pay $348 and an expert would do my taxes. Only a $5 distinction to have a tax professional deal with the onerous work!

Is It Protected And Safe?

FlyFin Tax is a mobile-first know-how firm. It protects customers’ monetary info by connecting via a third-party know-how known as Plaid. Plaid solely receives learn entry to a person’s account, so no cash might be stolen via FlyFin Tax or Plaid. The corporate additionally requires multi-factor authentication and permits customers to arrange FaceID for his or her second type of authentication.

The corporate additionally retains tax knowledge safe and encrypted at relaxation. All “nose to nose” communication is finished by way of Zoom which tends to be a safe platform in comparison with different types of communication.

After all, FlyFin is a web based tax firm, and which means person info is all the time in danger. Customers should consider whether or not FlyFin’s protections are adequate to provide them confidence of their knowledge integrity.

Why Ought to You Belief Us?

The Faculty Investor staff spent years reviewing all of the top tax filing options, and our staff has private expertise with the vast majority of tax software program instruments. I personally have been the lead tax software program reviewer since 2022, and have in contrast many of the main corporations on {the marketplace}.

Our editor-in-chief Robert Farrington has been making an attempt and testing tax software program instruments since 2011, and has examined and tried virtually each tax submitting product. Moreover, our staff has created reviews and video walk-throughs of all of the major tax preparation companies which you can find on our YouTube channel.

We’re tax DIYers and need a whole lot, similar to you. We work onerous to supply knowledgeable and sincere opinions on each product we take a look at.

Who Is This For And Is It Value It?

FlyFin Tax is a wonderful deal for freelancers who don’t need to file their very own taxes. The app prices lower than $200 per yr in the event you solely want a Schedule C (not taxed as an S-Corp), and it solves most freelancers’ greatest tax-related struggles.

Submitting self-employed tax returns is just not a tough job with tax software program. However determining whether or not an expense is deductible is a significant headache. FlyFin Tax removes that headache in order that freelancers can deal with rising their enterprise moderately than on their taxes.

Throughout testing, we have been additionally very impressed by the standard of the AI contained in the app. It grouped transactions so we might overview a full yr’s price in below an hour.

Given the product high quality and the service degree, we thought there could be pricing gotchas or different unfair pricing schemes. Nevertheless, it looks like the marketed value is the value for tax submitting, even you probably have further issues, akin to investments or rental properties.

We extremely advocate this app for freelancers who need to simplify bookkeeping and tax submitting for an inexpensive value.

Check out FlyFin here >>

FAQs

Why is FlyFin so cheap in comparison with different corporations?

FlyFin’s enterprise mannequin is a “know-how” first strategy that’s extremely scalable. It’s seemingly that the corporate robotically generates most tax returns for its customers, and has a CPA overview the return.Additionally it is attainable that the corporate is providing low costs proper now to realize market share, however it could have to boost costs over time.

Can FlyFin Tax assist me file my crypto investments?

At this level, FlyFin Tax customers should generate their very own Capital Positive aspects and Losses stories for his or her Crypto investments. They’ll use a cryptocurrency tax app like CoinTracker or Koinly to generate these stories. Customers can submit their stories to a delegated CPA by way of safe doc add, and the CPA will account for these investments on the person’s return.

Can FlyFin Tax assist me with state submitting in a number of states?

FlyFin Tax permits customers to file in a number of states. All state and federal submitting is included within the value.

Does FlyFin Tax supply refund advance loans?

In 2026 FlyFin Tax doesn’t supply refund advance loans.