The Self-Employed module is designed for tax professionals in the US and Canada who want a streamlined way to file business returns for maximizing business deductions. It allows them to get the best from smoother invoice submissions, including tailoring the account to match tax deduction categories for C-Corps and S-Corps.
Tax professionals in the US and Canada need to ensure their relevant tax returns are submitted to report any income or loss from their businesses, or their clients’ businesses.
Dext’s Self-Employed module ensures that whenever you submit documents, the relevant settings for Tax codes are applied to ensure your invoice, bank statement, and receipt submissions, and tax summary creation, is more intuitive for smoother tax business returns.
For understanding how to use the Self-Employed module, please refer to our guide on how to use Dext Prepare Self-Employed.
For further information on what the Schedule C form in the US is, please refer to this article from the IRS.