Accounting & BookkeepingTax Preparation & Strategy2MildOwner$ implied
Sole proprietor consultant struggles with correctly filling out Schedule C sections for business expenses and home office deduction, getting inconsistent results between methods.
Existing tax preparation software and guides do not clearly explain how to apply business expense categories for consultants with minimal investment, nor reconcile the home office deduction methods (simplified vs. regular) when they yield drastically different results.
37
0
Opp. Score
37
Severity
2Mild
Willingness to Pay
implied
Added
Jun 7, 2026
Workarounds Described
- manually calculating expense categories for consulting with no investment
- switching between 8829 form and simplified method to compare results
Implied Software Gaps
- Software that auto-categorizes consulting expenses without requiring inventory/depreciation entries
- Software that automatically computes both home office deduction methods and explains the discrepancy
App Concept
ScheduleC Simplifier
An intuitive tax prep tool for sole proprietors that walks users through Schedule C line by line with tailored guidance for consultants. It automatically compares home office deduction methods and flags discrepancies, ensuring accurate and consistent filings.
Key Features
- Context-aware prompts for consulting-specific expenses (e.g., no inventory, out-of-pocket incidentals)
- Side-by-side comparison of simplified vs. regular home office deduction with explanation of differences
- Auto-population from bank/card feeds with category suggestions
- Built-in error checks and IRS compliance tips
Target Users: Sole proprietor consultants and freelancers in all industries who file Schedule C and have home offices
Revenue Model: $19/mo subscription (or $99 annual) with a free tier for basic reporting and paid tier for filing-ready outputs
Existing Solutions Mentioned
8829 formquick $5/sq ft method
Part of App Idea
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