Bookkeeping & Taxes

Everything You Need to Know About Self-Employment Tax

July 26, 2017

If you are a company driver, you probably receive a paycheck every two weeks. From that paycheck, certain payroll taxes are withheld. These include Social Security, Medicare, as well as state and federal taxes. However, when you make the move to becoming an owner-operator, you become entirely responsible for calculating and paying your own taxes.

Receipts RULE

July 15, 2017

Driver or Owner Operator receipts are the back ground of our business - no receipts no deductions.

Tips for Taxpayers Who Owe Taxes

May 17, 2017

The IRS offers a variety of payment options where taxpayers can pay immediately or arrange to pay in installments. Those who receive a bill from the IRS should not ignore it. A delay may cost more in the end. As more time passes, the more interest and penalties accumulate.

Tips to Start Planning Next Year's Tax Return

May 10, 2017

The tax deadline has come and gone. Unfortunately, many will not think of their taxes again until April 15, 2014. But planning for next year can start now. Read our five things to do now to make next April 15 easier.