January 26, 2011

Time for Tax Prep

I'm in the process of reviewing iBank and wanted to pass this press release along to readers in hopes that it might help you prepare for taxes this year. As you might already know, the kids have been sick, so I haven't had the amount of screen time I'd like lately. Pretty soon, push is going to come to shove and I WILL be camping out in this back office crunching numbers for tax time while Hubby reassures the kids that mommy hasn't run away from home. yet. I sure hope the kids will remember what I look like!

I know this sounds weird, but I'm actually looking forward to preparing for taxes this year! In the past, my tax preparer has always been impressed with how organized my information is because I've been using iWork Numbers to create custom spreadsheets. Just wait till he sees my fancy new iBank reports!

I can tell you already that iBank is fantastic and I'm not just saying that because I've been provided a review license. It is beautifully designed and well thought out unlike "Quicksand" (which is what I'd rather call it!) I've witnessed clients go through the painful process of trying to manage their finances using 'product that shall remain nameless.' It always amazes me the hoops some people are willing to jump through in order to remain a slave to that program. I'm glad I don't have to do that because I'm using iBank. There is even a companion iPhone app so you can sync your data and manage on the go. This is a must-have for Moms who use a Mac and/or an iPhone. In our case, the Hubby also has it on his iPod Touch so he can help me fine tune the nitty gritty information like categories.

Check it out for yourself using the demo and let me know what you think! Take a look at the press release for more information and watch the tutorials. Then, check back here for a more personal review from yours truly!

January 26, 2011

New iBank Tutorial Video Showcases Tax-Season Tips For Saving Time And Money 
(Putney, VT) — IGG Software has posted “Preparing For Taxes With iBank,” a timely tutorial for tax-paying Mac users. The latest in an online series of iBank 4 instructional videos, the new how-to emphasizes ways by which users can improve organization, track deductible expenses, and save time, trouble and accounting costs. And for do-it-yourself filers, data compiled in iBank 4 is also compatible with export to TurboTax. As tech writer Tim Johnson has noted: 
“The real money saver in iBank comes around tax time,” Johnson wrote in Post magazine. “With data you’re able to compile in iBank, and with a reliable tax person, this $59 app will save you countless hours. If you’re like me, it will pay for itself four or five times over the first time you file your taxes.” 
In just four minutes, the new tutorial guides iBank 4 users through the advantages of categorizing tax-related transactions, the use of tax codes, generating a Tax Report from iBank’s flexible report templates, the benefits of additional reports such as Category Detail, Payee Summary and Net Worth, transmitting files to a tax professional, and exporting data to tax preparation software such as TurboTax. The iBank 4 tutorial library is online at http://www.iggsoftware.com/ibank/tutorials.php 
The leading Mac-only personal finance app, iBank offers users an elegant, intuitive means to track accounts, investments, loans and budgets. iBank 4, released in September 2010, has been called a “new standard” for managing money on a Mac. The full-featured application offers essential features like check printing, portfolio support, and easy transaction downloads from online accounts. iBank 4 also delivers beautiful, dynamic reports and fast, reliable iPhone sync. 
Syncing iBank to iOS devices requires iBank Mobile 1.2 for iPhone, iPad or iPod touch, sold separately via the App Store. The app offers mobile transaction entry, QIF data export and sync with iBank for Mac via Wi-Fi, MobileMe or any WebDAV server. Additionally, iBank 4 offers free, unlimited support and is available for $59.99, directly from the IGG website or from the Mac App Store. More information can be found at http://www.iggsoftware.com/ibank 
IGG Software, Inc., was founded in 2003 by developer Ian Gillespie to offer intuitive, elegant and powerful applications for individuals and small businesses. Based in Putney, Vermont, its flagship products are iBank 4, for personal finance management, and iBiz 4, for time-tracking and billing. For further information, review licenses, or to schedule interviews with Ian Gillespie or Chief Architect James Gillespie, please contact IGG Marketing Director Scott Marc Becker: scott@iggsoftware.com.