KayWat Tax Assistant
Tax Draft & Filing Hub
1099 Contractor Tracker
Track freelancers and independent contractors. Threshold is $600/year for Form 1099-NEC.
| Contractor | W-9 | Amount YTD ($) | Act |
|---|
Asset Purchases (Form 4562)
Log large equipment, electronics, or furniture for depreciation.
| Asset Name | Date | Cost ($) | Act |
|---|
Estimated Tax Payments
Log your quarterly IRS estimated payments to avoid penalties.
Vehicle Mileage Tracker
IRS standard mileage rate simplifies vehicle deductions.
Schedule C Expense Drafter
Log your business expenses here. We total them up by IRS line items for easy entry into TurboTax or for your CPA.
| Date | Description / Vendor | Amount ($) | IRS Schedule C Category | Actions |
|---|
Quarterly Estimated Tax Planner
| Quarter | Est. Liability | Amount Paid | Status |
|---|---|---|---|
| Q1 (Apr 15) | Pending | ||
| Q2 (Jun 15) | Pending | ||
| Q3 (Sep 15) | Pending | ||
| Q4 (Jan 15) | Pending |
Multi-Member Equity Ledger (Schedule K-1 Prep)
Track exactly how much each partner puts in and takes out. Required for Form 1065 / Schedule K-1.
| Partner Name | Starting Capital ($) | Contributions YTD ($) | Draws/Distributions YTD ($) | Current Equity ($) | Actions |
|---|
State Sales Tax Filings
| State | Total Sales ($) | Tax Collected ($) | Tax Remitted ($) | Actions |
|---|
S-Corp Owner Compensation Tracker
Log your W-2 Salary runs vs your K-1 Distributions to prove "reasonable compensation" to the IRS.
| Date | Pay Type | Gross Amount ($) | Taxes Withheld ($) | Net Paid ($) | Actions |
|---|
Corporate Balance Sheet (Schedule L Draft)
Assets
Liabilities & Equity
Invoice & Document Generator
Invoice Generator Module
Select a tracker item (Contractor, Asset Purchase) or create a blank invoice to generate official documentation.
Contractor Invoice
Generate a bill for a 1099 contractor payment.
Asset Receipt
Generate a receipt for a depreciable asset.
Blank Invoice
Create a custom general purpose invoice.