Blogs

Tax Reform Equals More Money in Your Pocket

The year is quickly coming to an end.  For you Owner Operators and Independent Contractors, the time to settle up with Uncle Sam will be here before you know it.  The recently passed Tax Cuts and Jobs Act results in significant changes to tax law.  For most of you, this new legislation will result in…

Contractor Tax Deductions Part 2

Last month in this space, we discussed five important areas that you can consider as tax write-offs if you’re an independent contractor. These deductions can often make a huge difference for your bottom line come tax season.At Equinox Business Solutions, we’re experts in tax preparation for independent contractors. Let’s go over another set of five…

Common Deductions for Owner-Operators

At Equinox Business Solutions, we’re proud to provide detailed tax services for truckers and other independent contractors. One particular group of people who can benefit from various tax breaks in this area are owner-operators.What are owner-operators, and what are some of the tax benefits and deductions available to them? Here are the basics you need…

Contractor Tax Deductions, Part 1

At Equinox Business Solutions, we’re proud to provide tax preparation for independent contractors of all types, including truck drivers and many others. An independent contractor is any person who provides goods or services under a verbal agreement or specific contract, and taxes are very different for people under this designation. One major area where this…

Car Sharing Driver Tax Areas, Part 2

In part one of our two-part blog series, we discussed several important deductions that Lyft, Uber and other ride-sharing drivers can use when undergoing tax preparation for independent contractors. Many people who draw income from these sources aren’t even aware they’re independent contractors in the first place, but there might be several benefits available to…

2017 Outlook: The Freight Recession is Over

The freight recession is over. That 18-month malaise was triggered by the worldwide collapse of oil prices at the end of 2014. Energy exploration and fracking petered out, and the accompanying freight dried up. Fuel prices dropped, and carrier revenues fell due to the declining fuel surcharges. To add insult to injury, line haul rates…

Colton Graduates ATA School

EQUINOX Business Solutions CEO, Colton Lawrence, is Recognized as Industry Leader by American Trucking Associations Salt Lake City, UT – November 14,2017 – Colton Lawrence, CEO of EQUINOX Business Solutions, recently graduated in the fourth class of the American Trucking Associations (ATA) LEAD Program, an exclusive program designed to identify and cultivate emerging industry leaders.…