{"id":17573,"date":"2024-02-09T15:34:13","date_gmt":"2024-02-09T15:34:13","guid":{"rendered":"https:\/\/www.webmonkey.com\/hurdlr-review-business-expenses-mileage-tracking-for-side-hustlers\/"},"modified":"2024-05-24T19:39:03","modified_gmt":"2024-05-24T19:39:03","slug":"hurdlr-review","status":"publish","type":"post","link":"https:\/\/www.webmonkey.com\/hurdlr-review\/","title":{"rendered":"Hurdlr Review – Business Expenses & Mileage Tracking for Side Hustlers"},"content":{"rendered":"
I was approached by a Hurdlr representative 2 months ago via email. They asked me if I would mention Hurdlr on WebMonkey since it could be a great app for side hustlers who are looking to track mileage, business expenses, and save money when filing their taxes.<\/span><\/p>\n I\u2019ve finally had time to install the app to play around with it and read some other reviews, and I\u2019ve decided to write a quick Hurdlr review since <\/span>anyone participating in the gig economy might find this useful<\/span><\/a>.<\/span><\/p>\n Plus, as tax season and the new year are fast approaching, I think it is a great time to reflect on personal finance matters or side hustle successes from the previous year while also planning ahead for a great year.<\/span><\/p>\n I\u2019m not being compensated financially for this post, although I will include a Hurdlr affiliate link which might benefit me financially.<\/span><\/p>\n Anyway, onto the Hurdlr review!<\/span><\/p>\n This post will contain:<\/span><\/p>\n Let\u2019s get to it!<\/span><\/p>\n <\/p>\n Hurdlr<\/span><\/a> is an automatic business expense and mileage tracker that is designed to help entrepreneurs or side hustlers organize their expenses and save money through tax deductions.<\/span><\/p>\n The Hurdlr app is available on both IOS and Android, and according to Hurdlr\u2019s website, the Hurdlr app tracks over $8bn in finances and has saved users a total amount of $300 million.<\/span><\/p>\n Hurdlr also states that on average, their users can find over $5600 in tax deductions (I assume this is for full-time entrepreneurs or freelancers).<\/span><\/p>\n The Hurldr app is all about automating processes and centralizing data so you can save money and time. In order to accomplish this goal, there are a number of core features that make Hurdlr incredibly useful for side hustlers.<\/span><\/p>\n Hurdlr is a great app for mileage tracking app because the app can automatically log your miles with a simple start and stop feature.<\/span><\/p>\n If you have frequent business trips or drive a lot for your work, it can be immensely tedious to track your miles manually or with other apps. Hurdlr simplifies this process ensuring you never miss out on potential tax deductions.<\/span><\/p>\n This feature is hands down one of the most valuable features. If you <\/span>drive for Uber or DoorDash<\/span><\/a>, it is vital to track your mileage and expenses so you can claim these as business expenses when filing your taxes (plus these are good numbers to know, anyway).<\/span><\/p>\n <\/p>\n To track your miles with Hurdlr, simply leave the app running in the background of your phone. Hurdlr will document mileage between start and stop points and all you have to do is inform the app if a trip was related to your business or not.<\/span><\/p>\n By tracking your miles meticulously, you can maximize your tax deductions since the IRS rate per mile<\/a> is currently $0.575\/mile as of 2020. This adds up surprisingly quickly, especially if you drive to meet clients or work for a ride-share company.<\/span><\/p>\n Hurdlr is a great mileage tracking app, but it\u2019s also useful for entrepreneurs looking to efficiently track their income and expenses while on the job.<\/span><\/p>\n Hurdlr allows users to monitor their income, which is an important part of securing as many tax deductions as possible. Once you enter some basic income information into the app, it can also deduct any expenses or income tax from your total income to provide an accurate picture of your earnings.<\/span><\/p>\n Additionally, Hurdlr\u2019s API can also connect to payment platforms like PayPal, Sqaure, Freshbooks, and Uber to monitor any side hustle income you are making. Plus, Hurdlr can also connect to pretty much every major U.S. and Canadian bank to further monitor your income.<\/span><\/p>\n <\/p>\n Once Hurdlr is connected to your payment platform or bank of choice it can start to monitor expenses and categorize them accordingly.<\/span><\/p>\n Any time you fill up on gas during business trips or incur some business related expense, Hurdlr can keep track of all the numbers for you. If you pay for a business expense in cash you can also log that information into the app manually.<\/span><\/p>\n Ultimately Hurdlr is a decent way to automatically track all of the income and expenses related to your business or side hustle.<\/span><\/p>\n Since the Hurdlr app can track your income, it also has the ability to automatically calculate the amount of taxes you will owe.<\/span><\/p>\n Self-employed individuals<\/a> generally have some different tax requirements than individuals who are employed by a business. According to the IRS: \u201cas a self-employed individual, generally you are required to file an annual return and pay estimated tax quarterly.\u201d<\/span><\/p>\n If you aren\u2019t good at tracking your income and expenses as a freelancer, tax time might bring on a whole lot of frustration. Hurdlr simplifies this entire process and is able to give you a general idea of what you should expect for your tax season.<\/span><\/p>\n With Hurdlr, self-employed individuals get real-time quarterly tax estimates. Plus, Hurdlr still automatically tracks your income, expenses, and possible tax deductions. This is far easier than manually tracking everything and having a constant worry about how much you owe in taxes.<\/p>\n <\/p>\n If you use a CPA (certified public accountant) you can also email Hurdlr reports to them to make life easier for everyone involved. Plus, you can also email yourself reports or monthly breakdowns of your income and expenses to monitor how your business or side hustle is doing.<\/span><\/p>\n Hurdlr is a free app that works on a \u2018freemium\u2019 model, meaning some of their features are locked behind a paid subscription. However, both the free and paid version of the app are pretty solid.<\/span><\/p>\n With the <\/span>free <\/b>version of Hurdlr, users can use:<\/span><\/p>\n With <\/span>Hurdlr premium<\/b>, users can also use:<\/span><\/p>\n Hurdlr Pricing – Premium:<\/strong><\/p>\n Note: these prices are in U.S. dollars!<\/span><\/p>\n <\/p>\n For Canadians, here is how Hurdlr's pricing breaks down:<\/p>\n At the end of the day, Hurdlr is a immensely useful app but only if you can make the most out of the tax deductions and income\/expense tracking.<\/span><\/p>\n Hurdlr promotes their app to 4 main categories of people on their website:<\/span><\/p>\n When you consider what Hurdlr can offer for each of these industries, it makes sense who should use this app.<\/span><\/p>\n Hurdlr is great for anyone who makes a <\/span>full-time <\/b>or <\/span>substantial amount <\/b>of income from their entrepreneurial side hustles or people in industries (like real estate) where you might have a lot of business expenses.<\/span><\/p>\n If you are consistently taking clients out for lunch or driving to home viewings as a real estate agent, Hurdlr could be a great way to log all of your expenses.<\/span><\/p>\n Similarly, if you <\/span>rent out your house on AirBnB<\/span><\/a> or drive a significant amount of hours for Uber, <\/span>Lyft<\/span><\/a>, or <\/span>delivery services like DoorDash<\/span><\/a>, Hurdlr can track all of your business expenses and mileage. Seriously, full-time drivers in particular really need to have some sort of mileage tracking app if they want to maximize their income.<\/span><\/p>\n If you don\u2019t make a significant amount of income from side hustling or aren\u2019t self-employed, Hurdlr isn\u2019t for you.<\/b><\/p>\n Or, in other words, if you only drive for Uber once in a blue moon or rent out your home on AirBnB every few months, you can probably forget tracking everything and just do some\u2026creative accounting\u2026Yeah let\u2019s call it that.<\/span><\/p>\n In other words save money through tax deductions by using Hurdlr, but don\u2019t give away more personal information than you have to!<\/span><\/p>\n At the end of the day, Hurdlr is a freemium app that has a lot of awesome features and can save serious side hustlers a lot of money in tax deductibles. After all, the app does have a 4.5 star rating average across thousands of reviews on the Google Play Store and App Store.<\/span><\/p>\n However, Hurdlr also has other alternatives and it isn\u2019t the perfect app for every side hustler.<\/span><\/p>\n If you are looking for other mileage tracking apps or ways to monitor your freelancing expenses besides Hurdlr, you can also research:<\/span><\/p>\n Again, since Hurdlr has a decent free version you might as well test it out to see if you like the app, because it never hurts to try before you buy!<\/span><\/p>\n If you are a serious side hustler who is looking to save money through tax deductions and accurately report your income\/expenses, I\u2019d seriously consider researching around to find the right app for you.<\/span><\/p>\n If you a fan of Hurdlr or want to try the app out for yourself, you can always start with the free version or on a monthly plan!<\/span><\/p>\n By tracking your business expenses\/mileage and calculating the taxes you will owe when tax season rolls around, you will be able to save money and have a more accurate picture of how your business is doing. Plus, automating these processes will save you time and aggravation, which is also valuable.<\/span><\/p>\n\n
What is Hurdlr?<\/b><\/h2>\n
Hurdlr Features \u2013 Expense Monitoring, Mileage Tracking, & More.<\/b><\/h2>\n
Mileage Tracking<\/b><\/h3>\n
Automatic Income & Expense Tracking<\/b><\/h3>\n
Calculate Taxes-Owed<\/b><\/h3>\n
Hurdlr Pricing – Free & Premium Plans<\/b><\/h2>\n
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Who Should Use Hurdlr?<\/b><\/h2>\n
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Hurdlr Pros, Cons & Alternatives<\/b><\/h2>\n
HURDLR PROS<\/b><\/h3>\n
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HURDLR CONS<\/b><\/h3>\n
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ALTERNATIVE APPS & OPTIONS<\/b><\/h3>\n
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Final Thoughts<\/b><\/h2>\n