Fleconomy IQ

Disclaimer

Last updated: May 24, 2026 · Effective immediately for all users

In plain English

Fleconomy IQ helps you make choices. It is not tax or money advice.
Every number is an estimate. It is only as good as what you enter and the tax rules as of the date shown.
We do not file your return, and we do not speak for you to the IRS or your state.
Tax law changes. Check this year's figures with the IRS or your CPA.
If our number and your CPA's number differ, your CPA wins. Tell us, and we will fix it or explain why.
The CPA Handoff packet is a starting point. Your CPA will still ask you for source papers like your 1099-K and receipts.
Ask IQ sends a copy of your business data to Anthropic, the maker of Claude, with each question. Do not type anything you would not want to share.

This summary is here to make the page easier to read. It is not the full text. If the two ever seem to differ, the full text below is what counts.

Fleconomy IQ is a decision-support tool, not professional tax or financial advice. Every number this product produces is an estimate, generated from the inputs you provide and the publicly-available rules current as of the date in the footer of each calculator. A qualified Certified Public Accountant (CPA) or tax attorney is the only source of advice you should rely on when filing returns, claiming deductions, structuring a business entity, or making material financial decisions about your Turo fleet.

What this product is

Fleconomy IQ is a software-as-a-service application that models the cash flow, tax, depreciation and operational economics of a vehicle-ownership or car-sharing business. It includes calculators for depreciation strategy (Bonus, Section 179, MACRS), Self-Employment tax, S-Corporation election analysis, quarterly estimated tax pacing, fleet acquisition decision support, profit-and-loss reporting, mileage and maintenance tracking, and other operational tools.

The calculators apply IRS rules in effect at the time the rule was added to the product. Tax law changes — sometimes mid-year, sometimes retroactively. Always confirm the current-year figures against the most recent IRS publications or with your CPA.

What this product is NOT

Not professional tax advice. We do not file your tax return. We do not represent you before the IRS or any state taxing authority.
Not legal advice. Entity structure decisions (sole proprietorship vs. LLC vs. S-Corp) have legal and tax consequences beyond what any calculator can model.
Not financial planning. Retirement contribution calculators do not account for your full personal financial picture, investment risk tolerance, or estate planning needs.
Not insurance advice. Insurance comparator outputs are estimates based on the assumptions you enter; actual coverage depends on the policy language you sign with the carrier.
Not a guarantee of compliance. Using Fleconomy IQ does not protect you from audit, assessment, penalty, or any other adverse tax outcome.

About the math

Calculators are built from a combination of published IRS Revenue Procedures, the Internal Revenue Code (IRC), the One Big Beautiful Bill Act (OBBBA, 2025), CPA-vetted operational practice, and the founder's direct experience operating a Turo fleet of 22 vehicles. Where the product applies an approximation (for example, the federal bracket integration uses MFJ / Single / HoH tables and does not model the §199A SSTB phaseout or the 0.9% Additional Medicare surtax), the calculator's in-app help text or footnote calls that out explicitly.

If a number on your screen disagrees with what your CPA tells you, your CPA wins. Email info@fleconomyiq.com with the specific discrepancy and we will either fix the calculator or document the assumption that produced the difference.

Tax-year assumptions

Fleconomy IQ supports tax years 2024, 2025, and 2026. Calculators read the active tax year from the in-app selector. The Social Security wage base, standard deduction, §179 limits, Bonus depreciation rates, and federal income tax brackets are all year-keyed and update automatically. State tax brackets are integrated for California, New York, New Jersey, Oregon, Hawaii, and Minnesota; other states fall back to a flat top-rate approximation that may understate savings by zero to five percent for filers below the top bracket.

CPA Handoff packets

The CPA Handoff package generator produces a read-only, time-limited URL containing your tax-year summary, depreciation schedule, mileage log, and itemized expense list. The packet is intended as a starting point for your CPA — it is not a substitute for source documents (1099-K, settlement statements, repair invoices, insurance receipts) that your CPA will request directly from you.

Data sharing with AI providers

The Ask IQ natural-language assistant sends a snapshot of your business data to a third-party large-language-model provider (Anthropic's Claude — or OpenRouter, if you connect your own OpenRouter account) with each question. Do not include any information in your Ask IQ questions that you would not be comfortable sending to a third party. Your data is not used to train the underlying model under the provider's enterprise terms.

Updates to this disclaimer

This disclaimer may change as the product, tax law, and applicable regulations evolve. The "Last updated" date at the top of this page reflects the most recent material change. Continued use of Fleconomy IQ after a change constitutes acceptance of the updated disclaimer.

Questions

Email info@fleconomyiq.com. We respond within one business day.