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Delivery/Taxi

Tax and accounting services for taxi and delivery companies

Employment in the cab and delivery industry is a convenient way to make money; however, this income is subject to taxation. Regardless of whether you work for Uber, Lyft, DoorDash, Postmates, Instacart, or Grubhub, you must rigorously document your revenue, maximize your tax duties, and complete your reports on time. Errors might lead to penalties, reduced profits, or issues with the IRS.

 ILLION will help you structure your money, reduce your tax liabilities, and avoid unnecessary spending.

 What taxes apply to taxi and delivery drivers?

Do I need to submit a tax return if I work as a 1099 independent contractor? ✔How do you record spending for fuel, car maintenance, insurance, and communication?

✔What taxes do self-employed drivers in the United States have to pay?

✔Are there any strategies for avoiding penalties and tax examinations?

Our team is well-versed in the complexities of driver tax regulations and will help you optimize your expenses.

Our offers for Uber, Lyft, DoorDash, Instacart, and other service drivers

  1. Preparing and filing the tax declaration.
  • We’re submitting Form 1040, Schedule C for self-employed individuals.
  • Accurate calculation of self-employment tax (15.3%).
  • It is critical to analyze all tax deductions in order to reduce tax liability.

 

  1. Tax optimization and expense deductions.
  • We account for fuel, maintenance, insurance, telecommunications, and car depreciation.
  • We help you track your miles to maximize your tax deductions.
  • We provide advice on avoiding double taxes and reporting errors.
    1. Quarterly financial reports and tax payments.
  • We calculate and remit estimated tax payments (quarterly tax obligations).
  • We reduce the risk of tax underpayment penalties.
    1. Driver’s Business Registration
  • We assist with the formation of an LLC or S-Corp to reduce tax liabilities.
  • We provide accounting consultancy services as well as equitable income distribution.

 What are the reasons for choosing ILLION?

As cab and delivery sector specialists, we understand tax complexities.

  We use legal optimization strategies to save taxes.

Our services are available online across the US.

No mistakes—we guarantee accurate computations and document uploads.

Send a request for a consultation. We will aid you in lowering taxes, successfully managing your bookkeeping, and avoiding unnecessary expenses.

ILLION is your trusted tax partner in the taxi and delivery industry!