This app allows notaries to quickly and easily track the notary fees that will be exempt from the Self Employment Tax when its time to file taxes.
At Tax time, the app allows a report to be generated showing the amount of fees that can be excluded from Self Employment tax.
Having a record of the exempt notary fees is essential in being able to take the deduction. This deduction can ultimately result in the payment of less taxes, and possibly increase the income tax refund. The app has the capability to track multi-level notary fees and RON fees, and can track fees in two states simultaneously.