Painless1099 provides tool for independent contractors, freelancers, and others looking to save money for taxes. It automatically withholds taxes based on user information and then deposits what is safe to spend directly to a user’s personal checking account, and helps set up a SEP IRA to hit retirement goals, and sets some money aside for a rainy day.
PRODUCTS & SERVICES:
Automated tax savings platform for contractors.
It helps enterprises (small or large) and independent contractors to save for taxes by centralizing all paperwork, faster onboarding, and simplifying payments.
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The company has partnerships with banks and others including Lincoln Savings Bank, AirBnB, Etsy, BHHS, etc.