FintechLarge market
Automatic tax set-aside for freelancers
Every time a client pays, the right amount moves into a tax savings account, so tax season is never a surprise.
Huge audience Emotional pain Regulated
Freelancers and creators get paid without taxes taken out. Many spend the money and then face a large bill they can't cover.
This app connects to the account where payments land, estimates the tax owed on each payment, and moves that amount into a separate savings account automatically. It reminds people about quarterly payments and shows how much is safe to spend.
Offer ladder
1
Lead magnetQuarterly tax calculator (Free)Estimate what to set aside from each payment.
2
FrontendTax reminders ($3/month)Quarterly deadline reminders and set-aside estimates.
3
CoreAuto set-aside ($9/month)Automatic transfers, a safe-to-spend balance and a year-end summary.
Why now?
More people earn money from freelance work and creator platforms, and bank-connection services make automatic transfers possible for small teams.
Cheapest tests to run first
- Launch the calculator and measure sign-ups
- Set aside taxes by hand for 10 freelancers for one quarter
- Interview 15 freelancers about their last tax bill
Risks to watch
- Handling money means strict security and compliance
- Tax rules differ by country and state
- Banks and accounting apps could copy it