Costa Mesa, CA (PRWEB) September 26, 2012
Tax time is coming soon and truck drivers will be anxiously looking for receipts and records to file their 2011 tax returns.
“When you are on the road for long periods of time, the lifestyle is not conducive for keeping receipts and records organized for necessary (and unnecessary items), like gas, snacks, bottled water, tolls, maybe a mini refrigerator or small cooker,” said Laurie McCormack, of Trucking Careers of America.
Instead of throwing receipts in a shoebox, Ideal Tax Solution recommends purchasing a log book and spending a small amount of time daily recording expenditures. This will not only save hours of work sorting through receipts, but will help document many tax deductions that might otherwise be overlooked.
Truck drivers are very susceptible to tax problems because they are self employed. Self employed individuals are responsible for calculating their taxes and managing income to cover the tax bills. Due to various economic reasons, many truckers have found it very difficult to pay their taxes, and owe years of back taxes. Ideal Tax Solution is seeing a significant increase of cases in the trucking industry, and 60% of their clients are truck drivers needing help with unpaid back taxes. “We have years of experience in understanding the special tax needs of truck drivers and have a team dedicated to helping this industry,” said Christian Hernandez, Senior Sales Analyst of Idea Tax Solution.
Truck drivers should seek help of professional tax companies that have extensive experience with their industry to better understand the tax laws pertaining to their situation.
About the company:
Ideal Tax Solution LLC provides tax negotiation services, preparation and is a collection defense specialist. Their Tax Attorneys, IRS Enrolled Agents, CPA’s, Senior Tax Consultants have over 55 years of combined experience working to help American business tax payers with the IRS and State Tax Agencies.