How FringeTrax Works
Track, organize, and report your S-Corp fringe benefits in three simple steps — no accounting degree required.
Track Your Benefits
Capture your fringe benefits in real-time using the FringeTrax mobile app. With support for 24+ fringe benefit types — including health insurance, retirement contributions, home office expenses, business travel, and more — you can record each benefit as it happens. Data entry is quick and intuitive: enter amounts, select categories, attach receipt photos, and add notes. No more scrambling at year-end to remember what you paid for months ago. Track it when you pay for it, and you'll always have accurate, up-to-date records.
Stay Organized
FringeTrax automatically organizes every benefit you track into the right category, so you never have to sort through piles of receipts or spreadsheets. Each shareholder-employee's benefits are tracked separately, making it easy to manage multiple owners. The app handles specialized documentation too — Augusta Rule compliance with comparable venue rates, board approval records, and advisor review tracking; home office calculations based on square footage and utility expenses; and business travel breakdowns with deductible percentages. Everything is securely backed up in the cloud, so your data is always safe and accessible from any device.
Generate Reports
When tax season arrives, you're already prepared. With one tap, generate a comprehensive PDF report that aggregates all of your tracked fringe benefits for the year. The report includes itemized deductions by category, receipt documentation, home office calculations, Augusta Rule compliance records, business travel summaries, and shareholder breakdowns. Simply hand the report to your accountant or CPA and let them handle the rest. No more back-and-forth requests for missing documents. You'll save time, reduce accounting fees, and ensure nothing falls through the cracks at tax time.