5 Things To Deduct As A Business Expense As A Delivery Driver

Posted on: 31 August 2018

There are lots of different ways to be an independent delivery driver in today's economy. You can deliver groceries, food, medication, and all sorts of supplies as a delivery driver. If you just started as a delivery driver this year, make sure that you are keeping track of all of your business expenses so that you are able to claim as many deductions as possible. Mileage One of the biggest deductions that you can take when you are a delivery driver is mileage.
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Your Responsibilities As A Restaurant Owner For Reporting Tips

Posted on: 23 July 2018

For wait staff, tips often make up a large percentage of the wait staff's income. If your business is allowing customers to accept tips, you will need to be prepared to perform the accounting necessary to report these tips properly. Cash Vs. Credit Cards With cash tips, the process is not as difficult. The wait staff keep the tips and are required to report any tips they earn. However, customers often do not have cash and rely on credit card tips.
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Three Tips To Help You Pay Off Your Debt To The IRS

Posted on: 23 April 2018

If there is one entity to whom you do not want to be in debt, it is the IRS. You cannot discharge tax debt in bankruptcy, and you can be fined -- or put in jail -- for not paying your taxes. Thankfully, the IRS is willing to work with people on repaying their tax debts, and as long as you have some sort of repayment agreement with them, you should not find yourself in danger of being charged with a crime.
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So You Made A Mistake On Your Tax Return: Now What?

Posted on: 13 April 2018

There are many honest reasons a person might file an incorrect tax return, but if you're the one who did it, you probably aren't taking comfort in the fact that your error wasn't intentional. Dealing with the IRS under any circumstances can be frightful, even more so if all your "T's" weren't crossed and an "I" or two not dotted. Here's how to proceed after bungling your tax return. 1. Don't Panic
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