Search results

  1. BobWolf

    CSA Scores

    I thought you were talking about the one man one truck ops.
  2. BobWolf

    CSA Scores

    Individual C.S.A. scores are based on your inspections, crashes, and compliance with the regs. Not much on the biennial update for the individual O/O or driver. The updates help with the averages of all motor carriers in different segments. Combination Vehicles / Tractor Trailers and Strait...
  3. BobWolf

    Tax question

    I spend the 120 bucks or so for an accountant to do all my taxes they know how the tax codes work, and how to do the deductions so I don't have red flags for the IRS. You will probably need a spread sheet showing your total income, and a breakdown on what you spent money on. Your PCA will tell...
  4. BobWolf

    How much to save for taxes

    BTW the 30% rule also factors in the Socialist Security.
  5. BobWolf

    How much to save for taxes

    I hire an accountant, that's his specialty. Ive been using 30% as a safe number for the past twenty three years We always get a nice tax refund because, my wife gets most of what she pays in taxes back. Yes my accountant tells me I over pay but he also agrees the tax bill, plus the penalties...
  6. BobWolf

    Credit Score

    I spent the past 25 1/2 years since high school mostly self employed, paying my bills on time, too many times paying myself and my family last, sometimes not at all. I don't live off credit cards, I look in my wallet or check by bank account balance and have the ability to say "No, we cant...
  7. BobWolf

    Multiple Year Losses

    I'm not a real tax guy, but I did stay at a holiday in express...:p I'm in the same boat often enough. The expenses vs income don't lie but make the legit filing close to raising the red flag. So, here is my advice. 1) Find a good FULL TIME accountant. By that I mean one that has a...
  8. BobWolf

    Turbo Tax.

    I have a good tax guy if your intrested Ill give you his contact info. His rate this year is $125.00 and as long as you have the receipts and are honest the return is insured if there is a problem. Soot me a PM let me know either way. Bob Wolf.
  9. BobWolf

    Turbo Tax.

    How much dose turbo tax cost as compared to a professional? Spend the $125.00 to $150.00 its well worth it, A C.P.A. will find the deductions due you and if you took heavy casualties and theyre legal and doccumented they know how to list them so you dont have red flags popping up with the...
  10. BobWolf

    2013 tax changes

    Dam skippy you will. Bob Wolf.
  11. BobWolf

    What is a fair prep. fee ?

    This guy must be clear cutting the Amozon jungle for just the paper. My CPA charge by the form and I pay less than 150.00 to file depending on how much work he dose, I have my income and expenses on a spread sheet and I bring my reciepts just in case and it takes abbout an hour or so all in and...
  12. BobWolf

    Need your Guys advice for Business Start up.

    The rules varry from state to state get ahold of a good business lawyer and accountant they know how to do things right and legal focus on building your customer base and being a motor carrier dont just wing it. Having a "friendly" contact at the F.M.C.S.A. to answer major D.O.T. and enforcement...
  13. BobWolf

    Re:Tolls

    Re: Tolls Broken down in laymans terms No Reciept No Deduction.
  14. BobWolf

    who all shows a loss on 1099 income

    I get my records together, I pay abbout $ 150 bucks to hire my CPA to do my taxes and its done right. He knows the tax rules I dont. I dont like spending money but its well worth the money. By the way in most cases you can write off tax preperation.
Top