Quicken Launches New Features to Support Self-Employed Workers in Managing Finances

Quicken Enhances Financial Management for Self-Employed Workers

Quicken, the leader in personal finance software in the U.S., has unveiled a valuable series of new features tailored for self-employed individuals. This update specifically addresses the unique challenges faced by small business owners, freelancers, and solopreneurs who often struggle to manage their business and personal finances separately, relying on multiple apps that can create disconnection and confusion.

Bridging the Gap in Financial Management

With approximately 27.6 million Americans engaged in full-time independent work, it becomes crucial for these individuals to have an organized view of their finances. A typical financial tool often required separate handling of business and personal budgeting, which leads to fragmented visibility of one’s entire financial status. In response to this need, Quicken Business & Personal allows users to manage both their business and personal finances in one integrated platform, ensuring both areas are monitored without compromising on efficiency or accuracy.

The new tools include functionalities that simplify complex administrative processes—an essential for entrepreneurs focused on growth. Quicken Business & Personal presents features such as estimate creation, where users can generate and send estimates with options for clients to approve or request changes. This service helps businesses streamline their operations and improve cash flow by ensuring precision in their financial dealings. Additionally, sales receipts are on the way to provide users with documentation for non-invoice payments processed at service completion, further enhancing transactional transparency.

Ensuring Tax Compliance and Readiness

Understanding the tax obligations is equally vital for self-employed individuals. Quicken addresses this with its mileage tracking feature, which allows users to document their business travel directly within the app, ensuring they can maximize their tax deductions. Furthermore, the quarterly tax planner reminders keep users informed about their tax obligations, thereby removing the mystery that can surround tax payments and deadlines.

CEO Eric Dunn articulated the vision behind these upgrades, emphasizing that traditional financial software often caters to established businesses rather than the unique needs of entrepreneurs. He stated, “Quicken Business and Personal solves for users by merging complete personal and business finance management into one solution.” This integrated approach positions Quicken as an essential tool for those working from home or anywhere they set up their office, from the kitchen table to a rented workspace.

The Future of Financial Management

The goal at Quicken is clear: to empower solo entrepreneurs with comprehensive control over their financial landscape. By combining personal finance tools with business-related functionalities, users can gain a holistic view of their financial health. This not only supports day-to-day operations but also enhances strategic planning for future growth and expands opportunities for financial stability.

With over 20 million customers in its four-decade history, Quicken continues to define the personal finance landscape, recently being recognized on CNBC's World's Top Fintech Companies list for 2025. The suite of offerings includes several options such as Quicken Simplifi, Quicken Classic Premier, and many more, catering to various user needs. For those eager to explore the latest in financial technology and aim to elevate their financial decision-making, the new features of Quicken Business & Personal stand as a promising avenue.

For more information on these innovations or to enroll in Quicken's beta program, visit their official website. As the demands of self-employment continue to evolve, tools like Quicken will be paramount in helping individuals thrive financially in a competitive landscape.

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