Hey thanks for the feedback! We're building a small network of CPAs to allow you to get feedback in real time on some of our more nuanced tax question. Expenses and deductions you can expect to see down the road as well!
Currently these accounts do not earn interest. This may change in the future, however!
Thanks for the feedback! FWIW, with Painless, your money is always accessible to you as it's in an FDIC Insured savings account. If (heaven forbid) we're not around in the long term, your cash is insured up to $250,000…
Love what you guys are doing and would love to chat sometime, Trent! hello@painless1099 will do it if you're interested!
+1 =)
Hey guys! We're pretty familiar with the zen99 crew. For the most part, they were thinking about the same world as we are, but were tackling the problem a little differently. I think as founders, we have a really bad…
Awesome to hear! We can't wait to have you!
It's really the automation part that we drilled down on. To be honest, we love QBSE and don't consider them competition as much as we see them as a compliment to what we do. Tracking your tax obligation is great, but we…
Totally right - We withhold exactly the amount you need to set aside, as opposed to just blindly ballparking it as we've all done at some point (if we separated taxes at all). Taking the guesswork out of the amount we…
1) https is life. 2)We are NOT from Nebraska, but we found an awesome tech-forward bank in Lincoln Savings Bank who saw a pain point in the 1099 world and got really excited about helping us build out a tax solution. 3)…
Our planned price point rolling out of beta will be $9.99 monthly, which puts you right in the $120 annual range as you mentioned. And you're absolutely right, we don't remove the need to have a CPA, we DO, however,…
There are a handful of people who are in the same boat you are and handle their taxes on their own with no problem. That said, for the vast majority of us, setting money aside and not touching it is really (like,…
We're fans of Free Tax USA. They have a pretty solid self-employment offering, but we found that we still run into the issue of having to manually save throughout the year for our tax obligation. If anything, we've…
Totally - We handle withholding for your Federal AND State obligations. We collect a bit of information from you when you sign up and then our algorithm crunches based on your income and location. As far as quarterlies…
Yep. I'm one of the founders and we all run our payments through Painless. True story - our accountant sent me my personal bill last week and I had a heart attack until I remembered I have an account with cash in it…
Thanks!
Just the standard: You created a startup application. You submitted your application. with no additional information (just to clarify) or nothing at all? ?
Rejected folks: when you go to https://apply.ycombinator.com/ does it say anything?
When you go to apply.ycombinator.com does it say anything?
Thanks @Deinos! Although, I'd agree with Tommy that the site itself IS silly - it's like dead stupid simple if we're being honest. Hell, as the co-founder I called Coffitivity ridiculous before we ever started building.…
The science suggests the sounds increase creativity, specifically. That distracting noise of a coffee shop actually helps abstract thinking.
Hey thanks for the feedback! We're building a small network of CPAs to allow you to get feedback in real time on some of our more nuanced tax question. Expenses and deductions you can expect to see down the road as well!
Currently these accounts do not earn interest. This may change in the future, however!
Thanks for the feedback! FWIW, with Painless, your money is always accessible to you as it's in an FDIC Insured savings account. If (heaven forbid) we're not around in the long term, your cash is insured up to $250,000…
Love what you guys are doing and would love to chat sometime, Trent! hello@painless1099 will do it if you're interested!
+1 =)
Hey guys! We're pretty familiar with the zen99 crew. For the most part, they were thinking about the same world as we are, but were tackling the problem a little differently. I think as founders, we have a really bad…
Awesome to hear! We can't wait to have you!
It's really the automation part that we drilled down on. To be honest, we love QBSE and don't consider them competition as much as we see them as a compliment to what we do. Tracking your tax obligation is great, but we…
Totally right - We withhold exactly the amount you need to set aside, as opposed to just blindly ballparking it as we've all done at some point (if we separated taxes at all). Taking the guesswork out of the amount we…
1) https is life. 2)We are NOT from Nebraska, but we found an awesome tech-forward bank in Lincoln Savings Bank who saw a pain point in the 1099 world and got really excited about helping us build out a tax solution. 3)…
Our planned price point rolling out of beta will be $9.99 monthly, which puts you right in the $120 annual range as you mentioned. And you're absolutely right, we don't remove the need to have a CPA, we DO, however,…
There are a handful of people who are in the same boat you are and handle their taxes on their own with no problem. That said, for the vast majority of us, setting money aside and not touching it is really (like,…
We're fans of Free Tax USA. They have a pretty solid self-employment offering, but we found that we still run into the issue of having to manually save throughout the year for our tax obligation. If anything, we've…
Totally - We handle withholding for your Federal AND State obligations. We collect a bit of information from you when you sign up and then our algorithm crunches based on your income and location. As far as quarterlies…
Yep. I'm one of the founders and we all run our payments through Painless. True story - our accountant sent me my personal bill last week and I had a heart attack until I remembered I have an account with cash in it…
Thanks!
Just the standard: You created a startup application. You submitted your application. with no additional information (just to clarify) or nothing at all? ?
Rejected folks: when you go to https://apply.ycombinator.com/ does it say anything?
When you go to apply.ycombinator.com does it say anything?
Thanks @Deinos! Although, I'd agree with Tommy that the site itself IS silly - it's like dead stupid simple if we're being honest. Hell, as the co-founder I called Coffitivity ridiculous before we ever started building.…
The science suggests the sounds increase creativity, specifically. That distracting noise of a coffee shop actually helps abstract thinking.