This platform automatically scans business transactions to identify and categorize potential tax write-offs for creators. It provides real-time tax estimation and simplifies quarterly tax payments by organizing expenses throughout the year. Users receive a tax-ready export, minimizing manual bookkeeping and maximizing eligible deductions.
Funding
Funding not disclosed
Founders
Product
Problem
Content creators often struggle with managing their business finances, relying on personal banking apps and spreadsheets that are inadequate for their needs. This leads to uncertainty around deductible expenses, difficulty in estimating quarterly taxes, and time-consuming administrative tasks that detract from creative work.
Solution
Beluga Labs provides automated bookkeeping and tax planning tools specifically designed for content creators. The platform simplifies business operations by connecting to creators' bank accounts, automatically categorizing transactions, and identifying deductible expenses. Beluga Labs delivers clear profit and loss statements, expense breakdowns, and helps creators make informed decisions about their business. The platform also offers automated tax planning features, including quarterly tax estimates and streamlined payments, to ensure compliance and reduce financial stress.
Target Audience
Beluga Labs targets content creators who run their activities as a business and need professional tools to manage their finances effectively.
Features
- Automated transaction categorization for business, personal, or mixed-use expenses
- Identification of deductible expenses with clear explanations
- Generation of profit and loss (P&L) statements and expense breakdowns
- Automated quarterly tax estimates and streamlined payment options (coming soon)
- Integration with bank accounts for seamless data import