Rule of thumb- keep all truck and business expenses seprate and keep a good file system. IRS and State can and do audit any time and go back as far as they want if they find irregularity. 2- what ever you make , pay the IRS there quarterly estimate, and your state also. Remember if someone handsyou a check and/ or pays you for the job, it is income and taxable. A good CPA or accountent can really save you time and effort years later
Do independent contractors leasing pay more in taxes?
Discussion in 'Questions From New Drivers' started by Drivingotr4life, Mar 26, 2018.
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