Category Archives: Self-Employed

Tax Tips for Gig Economy Entrepreneurs Workers 

In recent years, the gig economy has transformed how people earn income and provide services. Whether you work part-time, full-time, or as a side hustle, all gig economy income is taxable and must be reported on your tax return. This includes...

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Tax Tips for Uber, Lyft Drivers, Independent Contractors & Self-Employed

Every year, we see many Uber and Lyft drivers come into our office looking to have their taxes prepared. When we ask for their documents, most provide the following: Form 1099-K Form 1099-NEC Form 1099-MISC A summary of transactions...

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A Practical Guide to Tax Filing for Independent Contractors and Self-Employed

  Working as an independent contractor or self-employed offers freedom, flexibility, and the ability to shape your own career. But with that independence comes one responsibility many freelancers dread: managing and filing your own taxes....

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Why did I get a Republic Trs RT Deposit in my...

If you’ve spotted a “TRS” deposit in your bank account and aren’t sure where it came from, it’s most likely your income tax refund being issued through Republic Bank or some other financial institution. Many financial...

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Independent Contractors (Uber or Lyft) Accounting Tips

The challenge we see in our practice is that Independent Contractors do not take the time to keep good accounting records. Keeping good records is the fuel to your business when it comes to taxes. Fundera magazine, the small business resource...

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Tax Tips for Uber or Lyft Drivers

We came across this post on uberpeople.net and commented on it. The questions asked is below.   Discussion Starter · #1 · Oct 3, 2018 Any clues on how to find the best recordkeeping, tax filing advice? Key...

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