Almost all independent contractors can take steps to significantly reduce the amount of money they hand over to the Internal Revenue Service (IRS) every year. –ATBS
Sounds great, doesn’t it? Get into the weeds of just how to do that, though, and you’ll find that it’s not as simple as it sounds. However, the owner-operator tax and business consultants at Colorado-based ATBS, partners with Overdrive in our Partners in Business seminars and annually updated business manual, have put together a primer on the basics of saving money on taxes.
The new ebook, available in a free download via this link, has this as its key concern: “maximizing tax deductions while remaining tax compliant.”
With chapters devoted to tax liabilities, deductions, key credits, successful bookkeeping practices and some alternative tax strategies, the ebook covers the basics for the uninitiated, as well as those who haven’t directly engaged the subject of independent-contractor tax law and practice in recent years.
Overdrive‘s annual Partners in Business manual covers similar topics in a lengthy chapter devoted entirely to tax issues, while touching on various other strategies throughout. You can order the manual via the eTrucker store here.
Affected trucks include model year 2008-2018 Freightliner Cascadia and Western Star 4700, 4900, 5700 and 6900 trucks. DTNA says after hard brake applications, the brake light pressure switch may not activate the brake lights with the light application of the brake pedal.