The best way to beat up Uncle Sam

Discussion in 'Ask An Owner Operator' started by rosebud, Aug 7, 2008.

  1. Working Class Patriot

    Working Class Patriot Road Train Member

    12,683
    23,165
    Jan 17, 2008
    Wherever and Whenever...
    0
    This may not be for everyone but what My wife and I have is a "S" Corporation http://en.wikipedia.org/wiki/S_corporation

    We also use Quickbooks ( back-ups are sent monthly to our accountant) for billing, tracking fuel, mileage, taxes ect,...
    What I do suggest is that unless you are familiar with the tax codes which btw, are superseded or altered every year, is to use an accountant who is familiar with trucking. Becoming incorporated cuts down on your "exposure" but nothing can save you from the IRS if you omit or forget to file properly, or file the right forms.
     
  2. Truckers Report Jobs

    Trucking Jobs in 30 seconds

    Every month 400 people find a job with the help of TruckersReport.