
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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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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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....
Read More ›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...
Read More ›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...
Read More ›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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