# Found

> Business bank account for self-employed authors with automatic tax set-aside on every deposit, Schedule C (or 1120) preparation, direct quarterly tax payments, and a TurboTax filing discount on paid plans.

Source: https://selfpublishingdirectory.com/bookkeeping-tax/found
Website: https://found.com/
Category: Bookkeeping & Tax (https://selfpublishingdirectory.com/bookkeeping-tax)
Pricing: freemium — $0–$80/monthly
AI-powered: no
Tags: banking, tax-automation, expense-tracking, self-employed, invoicing, schedule-c, quarterly-taxes, bookkeeping
Last verified: 2026-06-18
Best For: Self-employed indie authors who want banking and tax automation deeply integrated from day one
Platforms Connected: TurboTax (filing discount), External bank imports (Plus/Pro), Direct IRS quarterly payments (Plus/Pro)
Tax Filing: no
Tool Type: banking-bookkeeping

Found is an all-in-one business banking platform built for self-employed individuals and small businesses. Every time a royalty deposit hits your Found account, the app automatically calculates and transfers an estimated tax percentage into a dedicated Tax Savings sub-account — eliminating the quarterly scramble to cover estimated payments. At year-end, Found auto-generates a pre-filled Schedule C (for sole proprietors) or Form 1120/1120-S (for corporations) using your categorized income and expenses throughout the year.

## What You Get

- **Automatic tax set-aside:** Every deposit triggers an automatic transfer of a custom percentage to a dedicated Tax Savings bucket — money is earmarked before you can spend it
- **Real-time tax estimate:** Found recalculates your projected annual tax bill as each royalty arrives, so there are no surprises at year-end
- **Tax form auto-generation:** All tiers; Found auto-populates your Schedule C (sole proprietors) or Form 1120/1120-S (corporations) at year-end from the income and expense data in your account
- **Direct quarterly tax payments (Plus/Pro):** Pay federal estimated taxes (Form 1040-ES) directly from the app — no manual trip to IRS Direct Pay
- **Filing via TurboTax or your accountant:** Export the generated Schedule C to your accountant, or file through Found's TurboTax partnership (eligible for a discount). Note: Found's previous in-app Column Tax e-filing was discontinued in March 2026 and is no longer available on any plan.
- **Unlimited invoicing:** Create, send, and track invoices; accept payments; manage 1099 contractors; all tiers
- **Expense auto-categorization:** Transactions sorted into business categories automatically; unlimited custom rules and tags on Plus/Pro

## Who It's For

- **Authors building financial infrastructure from scratch:** Found combines business banking, expense tracking, and tax automation in one place — one fewer app to manage
- **Authors who want banking-level tax automation for free:** Even at $0/month the automatic tax set-aside and Schedule C generation are included
- **Authors who want direct quarterly payments:** Found Plus ($35/month) lets you pay federal estimated taxes straight from the app and import external bank/card transactions for fuller bookkeeping

**Pricing:** Free basic tier — no monthly fee, no minimum balance, no overdraft fees, FDIC-insured up to $250,000 via Lead Bank. Found Plus: $35/month or $315/year (25% annual savings) — adds 1.5% APY (balances up to $20,000), external bank/credit card transaction imports, unlimited custom categorization rules, advanced bookkeeping and tax tools (Schedule C and 1120/1120-S generation), and direct quarterly estimated tax payments to the IRS. Found Pro: $80/month or $720/year — adds 2.5% APY on full balance with no cap, 1% cash back on card purchases, dedicated account manager, premium metal card, free check sending, and discounted wire transfers ($10 vs $15).

## Strengths

- **Deepest tax automation in neobanking:** Automatic set-aside + Schedule C/1120 generation + direct IRS quarterly payments (Plus/Pro) is more integrated than any competing self-employed bank account
- **Trustpilot 4.5/5 (1,200+ reviews):** automatic tax savings and integrated banking + bookkeeping are consistently cited as the standout benefits; iOS app rates 4.8, Android 4.6
- **Free tier is genuinely useful:** Even the $0 plan includes unlimited invoicing, contractor 1099 management, expense auto-categorization, and Schedule C preparation

## Limitations

- **No in-app tax filing anymore:** Found discontinued its embedded Column Tax e-filing in March 2026. No plan now files your return for you — you export the generated Schedule C/1120 to an accountant or file through Found's TurboTax partnership (manual data entry, discount offered)
- **Quarterly IRS payments require Plus or Pro:** The free tier shows estimated taxes but cannot submit Form 1040-ES payments directly to the IRS; manual payment via IRS Direct Pay required
- **No fee-free ATM network:** Third-party ATM fees apply; no reimbursement. Cash deposit limit $4,000/month; mobile check deposit capped at $3,000/week
- **Phone support weekdays only, Plus/Pro only:** Free tier support is chat/email only
- **Account-freeze complaints:** A recurring BBB/Trustpilot theme is funds frozen for weeks during verification with limited support access during the freeze — keep a backup account for cash-flow safety

## Alternatives

Lili is Found's closest competitor — also self-employed focused with automatic tax set-aside — and supports multiple businesses per login (Found supports one). Relay suits authors who need team banking or multiple checking accounts. Wave provides free accounting software if you already have a bank account and want to add a bookkeeping layer without switching banks.