Is the BudgetMagic system helpful to me when I prepare income tax returns?
The BudgetMagic Journal helps when you prepare income taxes, because it enables you to look back at expenditures to see if they are tax deductible. If you believe a particular expenditure may be tax deductible, you should note this in the “Memo” feature of the Enter Expenses function. This makes it easy to refer to the Journal to review the expenditures that you believe may be tax deductible.
