Category Archives: Self-Employed

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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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Accountant | Tax Preparer 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 word...

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What is Schedule C (Profit & Loss)? – Uber, Lyft, Taxi...

If you earned $600 or (someone pay you $600) or more, you were not an employee of a company or the person that paid you the $600, you are consider Self-Employed or an Independent Contractor for IRS tax filing. You will have to file Form Schedule...

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Uber Driver’s Taxes

Filing Uber Driver's Taxes Is Not As Easy As You Think   As a Uber Driver, you are technically Self-Employed or an Independent Contractor. Under California Laws (AB5) known as the gig workers law, employers are to classify you as an...

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States Giving Out More Stimulus Money

We can help you get your stimulus money. Call us (213) 418-9600 or (866)542-9551 Below are states that are giving out stimulus money. California California has authorized payments of $600 to qualifying taxpayers in the state who make under...

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Income Tax Filing for Smart Uber & Lyft Drivers

Most Uber and Lyft drivers, as well as other gig workers, approach tax filing by simply waking up one day, gathering receipts scattered around, or pulling out documents they’ve stashed away somewhere. Bam! They’re ready to file their tax...

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