As more and more people turn to freelancing, working for themselves and remote work opportunities, figuring out personal financing and taking advantage of tax savings is becoming increasingly important for those hoping to grow their business. Currently in beta, startup Lilac is a smartphone app with an objective of "maximizing tax savings for the 99%."
Perfect for contractors and business owners as well, the new consumer finance venture lets users add their income and expenses as well as track and better understand their money so they can find tailored saving opportunities when it comes to their taxes. The totally free to use Lilac app boasts bank-level security too, so you can feel safe about using the mobile financial technology securely.
What's Driving This Trend
- Freelancer Tax Savings
- Discovering innovative ways for freelancers to maximize their tax savings.
- Personal Finance Tracking
- Developing smartphone apps that help users track their income, expenses, and financial goals.
- Mobile Financial Technology
- Advancing the security and functionality of mobile financial technology for consumer use.
Who This Affects Most
- Fintech
- Capitalizing on the growing demand for financial technology solutions that cater to freelancers and business owners.
- Mobile App Development
- Creating customized mobile apps that offer personalized financial tracking and tax optimization features.
- Consulting & Financial Services
- Providing specialized consulting and financial services to freelancers and small business owners seeking tax savings opportunities.
