Lunafi

Lunafi is a financial management tool designed specifically for freelancers, independent contractors, and gig workers. According to the vendor, it provides a solution for managing business finances, tracking expenses, invoicing clients, and estimating taxes. Lunafi is said to be suitable for freelancers, independent contractors, and gig workers of all sizes, from individual professionals to small businesses. It caters to a wide range of professions and industries, including freelancers in fields such as writing, design, photography, and consulting, independent contractors in industries like construction, IT, and healthcare, gig workers in the sharing economy, creative professionals, and service providers like personal trainers, tutors, therapists, and coaches.

Maximize Tax Savings: According to the vendor, Lunafi uses personalized AI-powered suggestions to help freelancers optimize their tax write-offs. The platform provides recommendations tailored to each user's business and work habits, allowing them to potentially maximize their tax savings.

Know Your Taxes: Lunafi is said to provide freelancers with estimated taxes owed for their 1099 self-employment, federal, and state income taxes. Users can easily see their estimated tax liability for their freelance business, which can assist in financial planning and budgeting.

Consolidated Financial Tracking: Lunafi allows users to link their financial institutions, including Apple Card, PayPal, and Venmo, to consolidate their balances into a single view. This feature is intended to make it easier for freelancers to manage both personal and business spending and income.

Automate Finance Workflows: According to the vendor, Lunafi allows freelancers to create rules for regular business expenses, potentially saving time and effort in manual bookkeeping. The platform also automatically classifies earnings from various platforms, which can help streamline financial workflows.

Comprehensive Reports: Lunafi provides detailed Profit and Loss reports, along with comprehensive breakdowns of business and personal expenses. Users can gain insights into their finances and easily share reports with their accountants for financial management purposes.

Effortless Invoicing: According to the vendor, Lunafi simplifies the invoicing process by allowing freelancers to create and manage professional-looking invoices for their clients quickly. Users can customize invoices, add client information, and send them directly from the platform.

Mobile and Web App: Lunafi offers a web and mobile app, allowing freelancers to access their financial information, track expenses, and manage invoices on the go. This feature provides flexibility and convenience for users.