Tax Reform Equals More Money in Your Pocket

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,...
Contractor Tax Deductions, Part 2

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...
Car Sharing Driver Tax Areas, Part 2

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...
Factors That Define Independent Contractors

Factors That Define Independent Contractors

At Equinox Business Solutions, we’re here to provide complete, high-quality service to all independent contractors. Whether you’re a truck driver or some other kind of independent contractor, we can provide bookkeeping, tax preparation and accounting services. Are you...
Common Independent Contractor Tax Mistakes to Avoid

Common Independent Contractor Tax Mistakes to Avoid

For many independent contractors, tax preparation is the toughest part of the job. Without proper bookkeeping services, many independent contractors will make mistakes that cause them to pay more in taxes than they should – or perhaps even worse, to short the IRS and...