Since many of our drivers here at MDS Trucking asked us about tax-related topics and issues, we’ve decided to extend our cooperation with Jovana and Khrystyna from JZ Tax & Accounting team, who will make filing a tax return as easy as possible and reduce the amount owed.
For their client’s convenience, Jovana and Khrystyna (Certified Public Accountants) are offering Tax & Accounting services in multiple languages – English, Serbian, Ukrainian, Russian, Bosnian and Croatian – and specialize in both business and individual tax return preparation.
What changes does 2020 Bring for Truckers Taxes?
ATBS provided detailed information of what’s to come regarding truckers' taxes in their article Tax Moves for Truckers to Make Before Year-End. It’s quite all right if all this is overwhelming, as JZ Tax & Accounting team can walk you through each scenario, making sure everything is filed correctly this year, and in years to come.
- Some of the advice includes:
- Buy Assets - ONLY if you Need Them
- Calculate your Per Diem Deduction
- Calculate your Qualified Business Income Deduction
- Consider Getting Taxed as an S-Corporation
- Get Caught Up on Quarterly Tax Estimates
- Make an Individual Retirement Account (IRA) Contribution
Of course, for more detailed information behind each piece of advice, you can read the full article here.
Join Us at Our Event and Meet Jovana and Khrystyna from JZ Tax & Accounting
Finally, we are more than happy to announce MDS Trucking V & JZ Tax & Accounting partnership events, which will be held here at MDS Trucking on January 17th and 24th at 3 pm. If you even consider getting a tax or accounting advice, this will be a great chance to establish a valuable connection as well as get some snacks and refreshments. Some of the services offered by this company:
- Individual Tax Returns
- Business Tax Returns
- Monthly/Quarterly Sales Tax Returns
- Tax Planning
- Accounting and Bookkeeping
- Business Formation
- IRS and State representation
- Payroll Set up and processing
- QuickBooks Consulting
And many more - no matter where you live and all this with no face-to-face meeting necessary.
However, we still hope to see you face-to-face at these events!