Being a driver for a rideshare company such as Uber or Lyft has its perks. You can make your own schedule, be your own boss and meet new people. However, it requires self-discipline, planning, and organization when it comes to taxes.
Here are some of the benefits of using 1-800Accountant to maximize your career if you’re a rideshare driver:
A Real Accountant and Accounting Software
When you’re working as an Uber or Lyft driver, you’re technically an independent contractor. All tax responsibilities fall on your shoulders. Work with 1-800Accountant and we’ll take some of those obligations off your plate. You’ll have a Dedicated Accountant available 24 hours a day, 7 days a week to answer your financial questions and soothe your financial concerns. Whether you’re looking to maximize your deductions or learn more about self-employment taxes, we’ll be there to assist you.
Not only will you get unlimited access to a Dedicated Accountant, but you’ll also enjoy using ClientBooks, our easy-to-use, cloud-based accounting and bookkeeping software designed to organize all your business transactions. You can easily take pictures of your receipts, track mileage, categorize your expenses and check your cash flow anytime, anywhere. In fact, we’re the only company to offer accounting software paired with the assistance of a real accountant.
We’ll Do the Heavy Lifting
You’re your own boss when you drive for Uber or Lyft, but that also means you have to be on top of your taxes. Don’t fear when April 15 rolls around the corner. We make it simple for you to upload important documents such as your 1099 and Schedule C. After you do that, you can relax while we prepare, review, sign and file your forms.
With ClientBooks, we’ll create all your income statements and balance sheets and set up your chart of accounts. Don’t fret about an audit notice, either. Our Certified Public Accountants and Enrolled Agents will develop an action plan, construct a communication strategy and prepare your documents including audit responses. If you’re interested in establishing a formal business entity, we’ll set up an LLC for you.
It can be concerning to have your sensitive information online. You don’t have to worry, though. 1-800Accountant offers a safe and secure platform to store your documents and data. We do this by utilizing bank-level encryption, authorization and multiple layers of authentication.
No Hourly Fees or Hidden Charges
When it comes to pricing, you’re not going to find a better bang for your buck for both accounting software and assistance from a real-life accountant. If you make an appointment at a traditional accounting firm, you might be subject to hourly rates and even hidden charges. 1-800Accountant offers a fair, flat monthly or yearly rate for our services. What you see is what you get.
Ready to make your rideshare driving easier? Talk to one of our experts today.