Hello again to our Contractors.
Have you ever found yourself overwhelmed by the day-to-day or monthly paperwork associated with being an Independent Contractor? All in the name of getting your taxes done correctly and hopefully legitimately limiting the amount of tax you owe on your income. This is a common issue that faces drivers, especially those who are new to the world of being an Independent Contractor. Despite the fact that we here at Sammons try to help as much as possible, we know that we can’t run your business for you. Did you know there are 3rd party firms out there that can help you manage your finances for you? That’s right, two such firms are Trucker Tax Service and ATBS. You may have heard stories about each company, as both have helped Independent Contractors here at Sammons in the past.
These companies understand the value of information and have worked with thousands of drivers over the years. They have learned the importance of the driver understanding their own business requirements. When they provide crucial financial information and key metrics needed to be successful in a timely fashion, the driver has a clear understanding of the numbers and profitability needed, which translates to increased bottom line revenue. And ultimately, that is why we are all here, to be successful and make a living.
Specifically, these companies can help drivers with receipt management, settlement statement analysis, preparation of profit & loss statements, estimated quarterly taxes and related filings, complete business consulting, access to health insurance, equipment financing, legal consultations, business incorporations, and retirement planning services. In addition to all of these things, they will also assist you in preparing your tax returns, which is a free service if you have paid their monthly fees for the entire year, which costs approximately $50 per month.
Trucker Tax Service can be reached at 1 (888) 799-1099 and ATBS at 1 (866) 431-0370 should you have any further more specific questions.
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