Track income and expenses to reduce racing income and save money on taxes!
RaceTrips - Lower Racing Taxes — description
Keep More Of Your Racing Prize Money!
If you're earning income from racing activities, RaceTrips is the essential app for you. Designed specifically for racers, this easy-to-use mobile app simplifies managing your income and expenses to help you maximize tax savings.
Key Features: Comprehensive Trip Reports: Keep detailed records of your race events, and travel expenses.
SmartScan Receipts: Simply take a picture of your receipt, and RaceTrips automatically extracts the key information and adds it to your expense report
Expense Templates: Create a new trip report pre-filled with common expenses for tracks you race weekly.
Season Analytics: Gain valuable insights into your racing season's financial performance.
Customizable Reports: Filter and analyze your data using tags to identify specific expenses, income sources, and more for budgeting or sponsors.
Automated Tax Summary: Generate tax-ready reports to streamline your filing process.
Try RaceTrips with 8 FREE trip reports to make sure it'll work for you. When you're ready, unlock every feature for the year with RacePrep Premium. Simplify your racing finances and focus on the race—download RaceTrips today!
IMPORTANT NOTE: To fully benefit from RaceTrips in the USA, you must operate as a business entity, such as an LLC or DBA. This allows you to deduct racing expenses against your income. Its fast, easy and is very low cost to create a DBA. The rest of our terms and conditions can be found here: https://www.raceyear.app/raceprep/terms-and-conditions
Check out our other Mobile Apps at www.RaceYear.apps