- Tax Tips for Uber and Lyft Drivers
- As a Uber or Lyft driver, you are currently viewed as an independent contractor and treated differentially under the IRS code. With this comes new rules when it comes to your taxes. Understanding the tax code can help you minimize your tax liability.
- Tax Deductions for Owner-Operator Truckers
- As an owner-operator in the trucking industry, your tax situation is unique. You benefit from special allowances for meals, are allowed very large write-offs for tractors and other equipment, must pay additional taxes and permit costs, and may have special reporting requirements in addition to your tax returns. The following is an overview of the tax issues that may apply to owner-operators.
- Checking the Status of Your Federal Tax Refund is Easy
- If your 2016 federal return has already been filed and you are due a refund, you can check the status of your refund online.
- Use Direct Deposit for Faster Refunds
- Want your tax refund quicker? Don't wait around for a paper check. Have your federal (and state, if applicable) tax refund deposited directly into your bank account. Selecting Direct Deposit is a secure and convenient way to get your money into your pocket more rapidly. Even for taxpayers whose refunds will be delayed until after February 15, because they have an earned income credit or additional child tax credit, Direct Deposit is the quickest way to obtain a refund.
- Setting Up Users in QuickBooks
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If you plan to have multiple employees using QuickBooks, you can limit their access to specific areas.