Jan. 21, 2025

Bookkeeping & Taxes Questions Answered

Bookkeeping & Taxes Questions Answered

Bookkeeping & Taxes Questions Answered. Why Bookkeeping, bookkeepign software Xero, Quickbooks, spreadsheets. What do bookkeepers charge, What are the best ways for small businesses to use bookkeeping services? Do it yourself DIY Bookkeeping, Tax...

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Bookkeeping & Taxes Questions Answered. Why Bookkeeping, bookkeepign software Xero, Quickbooks, spreadsheets. What do bookkeepers charge, What are the best ways for small businesses to use bookkeeping services? Do it yourself DIY Bookkeeping, Tax Brackets 2024 tax brackets 2024, Trump Tax Cuts, inauguration day what it means to America and the tax cost, SALT limits in tax, state and local tax limits for federal taxes.

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WEBVTT

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The topics and opinions express in the following show are

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solely those of the hosts and their guests and not

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those of W FOURCY Radio. It's employees are affiliates. We

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make no recommendations or endorsements for radio show programs, services,

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or products mentioned on air or on our web. No

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liability explicitor implies shall be extended to W FOURCY Radio

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or its employees are affiliates. Any questions or comments should

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be directed to those show hosts. Thank you for choosing

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W FOURCY Radio.

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Barry G.

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Fowler EA brings you tax talk for you right here

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on W four CY Radio and Talk for TV. As

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an enrolled agent and a national leader in tax resolution

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as well as Trucker bookkeeping.

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And tax planning.

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With over thirty years of experience, Barry will break down taxes, bookkeeping,

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tax planning, and tax relief for individuals and businesses just

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like you. So let's have some tax talk for you

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with your hosts.

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Barry G.

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Foul Hey, welcome to text Talk for you. I am

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Barry Fowler. I'm here having fun today. I know everybody's

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trying to keep more of It's going to be a

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very cold day across all of the United States. But

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it's also going to be a great day and inauguration day,

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watching the change of hands of power from one party

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to the next party and getting set for what's going

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to happen over the next four years, which will be

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very interesting, very fun, and hopefully very prosperous four years

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for everybody. Today, we want to talk about bookkeeping and

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taxes and one of your questions. We had a great

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show last week, had a lot of questions come in.

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Some we could get to, some we couldn't, and we

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answered a lot more off the air, But this is

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question to answer. If you've got questions, you can call

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in at five six one six two three nine four

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two nine again five six one six, two three nine

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four two nine or texture questions in and we'll answer

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these on air. You know, we we'd like to start

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out what is bookkeeping? You know that term bookkeeping, It

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actually refers to the everyday practice of entering your business

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transactions into some structured accounts. It can also mean various

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ways you can capture these things automatically, you know, using

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UH software. And you know there's a lot of reasons

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why you know, bookkeeping is very critical to your business

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such as you know, knowing where your financial position is,

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knowing how your business is is doing, helping you to

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go out to be able to get a loan or investors.

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All that helps you. When you have good, you know,

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bookkeeping and you're keeping records, and your bookkeeping should consist

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of you know your profit and loss and your balance sheet.

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It shouldn't be what we've seen out there in bookkeeping.

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It really shouldn't be a cash flow statement. Yes, you're

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gonna if you use the right software and everything you

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can pre you know, go ahead and rent out and

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look at a cash flow statement shows hey, beginning cash

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balance and shows what happened to get to your ending

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cash balance, But that does not provide you the best

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way of looking at how your business is doing. Getting

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an actual financial statement provides you with the records you

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need to see how well my business is operating. So

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one of the other questions we get that comes in

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is what are the best ways for a small business

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to use a bookkeeping service? Or how should I do

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by bookkeeping well? Systematically recording organizing financial transactions is what

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you're using to get to your bookkeeping records, whether that's

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your bank statements or credit card statements. You're a truck driver,

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you're probably getting settlement statements or maybe you're invoicing out there,

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and then establish a chart of accounts and how you're

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going to record everything in there, and then reconciling your

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bank statements, your credit card statements, and then you can

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produce a financial statement. And we're moving to probably a

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really good software that we've seen out there, and probably

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one of the easiest and the best to use right

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now is zero software x E ro O. You can

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reach us at truck ortax tools dot com and we

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can let you in a little bit let know a

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little bit more where to find Zero. It's an online product,

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but it seems to be working really well, and it's

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actually better than some of the other online products out there.

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And so if you reach out to us, we can

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actually talk to you and figure out what's best for you.

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So when I was talking to somebody else the other day,

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they were kind of wanted to do it yourself bookkeeping

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and you know, listen to one of our other podcasts

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about you know, what makes up good bookkeeping? What do

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you need to make sure you got all the deductions?

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But then they asked us, you know how do you

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keep books for a business? Well, teaching book keeping, teaching accounting,

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you can go to school for that. You know, there's

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colleges out there. If you really want to learn how

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to do it, that's a great way to do it. Hey,

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I have seen online services out there that say, hey,

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I can you know, we can make you a bookkeeper

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in let's exaggerate thirty minutes. They say anybody can be

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a bookkeeper. Well that's not true. You know, we've seen

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people that try to get into this business and they

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have no clue of what they're doing. They have to

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go in and record, you know, your income, They maybe

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record what expenses they see, but they have no clue

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what they're doing in this industry. So you need to

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find somebody that has experience. If you're trying to do

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it yourself, you know, you should be keeping track of

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all your receipts and preserving them. You should be keeping

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tabs and all you're spending, where your money is going,

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and then save receipts for everything you buy. And an

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employee a bookkeeping method, whether it's using zero or maybe

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you're using a spreadsheet. Spreadsheets a little bit more difficult

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if you're trying to keep a true financial statement such

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as a profit and loss and a balance sheet, and

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then you're going to need to know if you're trying

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to do true accounting bookkeeping, you're going to have to

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understand how does a balance sheet work, and what should

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be on the balance sheet, and what should be in

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your profit and loss including not just your income and

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your expenses, interest, expense and depreciation and all that should

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be going into what's in your financial reports. So you know, basically,

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sometimes this gets really difficult, and it is a lot

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harder than what people think. You know. Funny story is

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is I've got somebody that came to us and talk

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to us about doing bookkeeping and said, now, you know,

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we're way too expensive. You know, we keep things very

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reasonable for truckers out there at Trucker Tax Tools. You know,

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we started it close to only you know, twenty five

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dollars a week, and so we keep it reasonable just

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to do bookkeeping for you. And you know, the guy

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would say, hey, this is just way too much. I

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can do this myself. I said, agreeing it, you know,

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hey you can, good luck, go do it. He decided

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to do. And spreadsheet came back to us and wanted

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us to do taxes the next year. And I looked

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at him and I went, you sure this is right? Yep,

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it's absolutely right. I had to kind of shake my

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head with him, and when you know, I can look

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at this, this is what you're showing me, and it's not

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correct in any way, shape or form. What do you

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mean I've insulted. I've spent a lot of time on this.

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I'm sorry, but let me just ask you a question.

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You spend one hundred and fifty thousand dollars in fuel

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even number one five zero zero zero zero. Is that correct? Well,

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of course it's correct. It's my number. And your gross

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revenues from driving the truck were seventy five thousand even,

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so you spend a seventy five thousand dollars more in

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fuel then you collected to run your business. And as

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before you made your truck payments, you paid insurance, or

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paid anything else, you lost seventy five thousand dollars just

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running your truck fuel and fuel out for this money income. Well,

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that's the numbers I came up with. Well, it doesn't

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make sense. So he had to go back to the

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drawing board to figure this out and say, hey, this

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is wrong. He came in with a bunch of round numbers,

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and I went, this is just a guess, isn't it. Well, yeah,

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I said, we can't do that. We cannot do your

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taxes on a guess. You need actual records. So he

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did end up hiring us, and we went in and

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did full bookkeeping for him to get everything correct, get

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him a set of books. And he looked at me

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and went, why didn't I do this begin with? Because

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this seems a lot easier giving you guys information, bank statements,

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credit card statements and everything else than it was for

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me to sit down and try to do this in

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what little time I have. And we looked at him

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and when we said, yes, we know you're a trucking business.

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We specialize in you and have our systems designed around you,

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knowing that you sitting in a truck and driving or

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doing what you do best, versus us sitting here doing bookkeeping.

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You know, I'll be honest, last thing you want me

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to do is drive an eighteen wheeler down the road. Yeah,

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I'm good at my Ford f one point fifty getting

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out there around the road and maybe even pulling a trailer.

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But sitting in a big eighteen wheeler. You don't want

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me back there. I don't want you to doing bookkeeping

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our taxes either. Hey, when we come back after this break,

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we're going to talk about what are some of the

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best practices for hiring a bookkeeper for your small business.

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And we'll be right back after this.

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We have only scratched the surface of today's show. Please

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stand by as Barry G. Fouler will be right back

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with tax talk for you. If you owe the IRS

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or are going through an IRS audit, don't go at

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it alone.

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Call Taxation Solutions Tax.

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Relief at eight eight eight nine three zero one zero

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one six. We are your solution for IRS debts, audits,

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back taxes, garnishments, leans and levees. Whether you're an individual

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or business, you need a solution and a strong, aggressive

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tax resolution. Don't let the IRS walk all over you.

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Stop the IRS now. Call eight eight eight nine three

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zero one zero one six or go to Taxationsolutions dot

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net now for a free no obligation consultation. Let's get

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back to tax stock for you with more tax stock

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once again. Here's your host, Barry Gallery.

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Hey, welcome back. Hey. I like we're starting to get

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a few questions here. Somebody asked the question of let's

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see who that was, Claudia. How much does a bookkeeper

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charge permon month? Well, you know, it's really going to

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vary depending on your industry, the amount of business that

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you do, and you know a number of transactions that

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you may have. You know, every bookkeeping service fill price

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there bookkeeping differently. I know, when we're pricing, like for

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truck or tax tools, we're in a price based on

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you know, how many bank accounts or credit cards. You

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have a number of trucks that you have out there

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on the road, So we kind of judge based on

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that and how much business you're doing, and then we

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can adjust from there to make it makes sense. But

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if you're hiring like a part time bookkeeper for your

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small business, it could be four hundred to eight hundred

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monthly for basic bookkeeping. If you want somebody full full time,

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not including benefits, it can go from maybe three thousand

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to forty five hundred simple bookkeeping needs. You can expect

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to pay you know, anywhere from one hundred to twenty

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five hundred a month for outsourcing to a business that

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does the bookkeeping for you. And munch of the bookkeepers

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that are out there do a lot of after the fact,

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and that means that if you got invoicing, they're not

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doing invoicing or paying your bills for you. They're just

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keeping track of your income and expenses after the fact

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for you, and that keeps your bookkeeping costs of lower

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as well. But if you want somebody working full time

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or part time for you, you know, you can expect to,

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you know, pay them anywhere part time four hundred, eight hundred,

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and then again, you know, full time, it could be

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anywhere from three thousand to forty five hundred, depending on

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the qualifications of the bookkeeper and what you actually need

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in your business. So what are the best practices for

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hiring a bookkeeper for your your business? And Number one

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is knowledge knowledge of accounting and bookkeeping. They don't have

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to be a college graduate in accounting, but it would

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be nice that they have, you know, some basic knowledge

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of accounting when they're getting into bookkeeping or they're going

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to be working, you know, for you, and you know,

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when you're going out there, and let's say you're going

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to employ a freelance bookkeeper, you want them to be familiar,

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you know, with your business. Uh, you want them to

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be familiar and have you know, a little bit of

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good experience dealing with the software that you're planning on using.

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You know, whether it happens to be zero or whether

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it happens to be quick Books, SAGE or some of

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the other softwares that are out there that you could

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use for your bookkeeping. You know, if you're looking to outsources,

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what you need is to find somebody that has you know,

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UH enrolled agent, CPA accountant that actually knows about your industry.

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You know, we have a vast knowledge here of various industries.

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We you know, at truck or tax tools, we do

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specialize in truckers. Taxation solutions will work with people across

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many different industries, and there's some industries that taxation Solution

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doesn't touch or won't do. But we have a lot

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of familiarity with childcare industry, of course, the trucking industry,

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and in many retail industries UH and other service industries

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and stuff. So here you're looking for somebody with the

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experience so that not only when they're doing your bookkeeping,

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they're starting to relate this over to your taxes. So

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if you've got questions, you know, hey feel free to

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send them in at five six one six two three

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nine four two nine. If you'd like to join me

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on air and discuss your bookkeeping or tax question, feel

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free again to call us at five six one sixty

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two three nine four two nine. And if you don't

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want to be on areages, continue to text in your

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questions and we will uh continue to answer those questions

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for you as well. Okay, we got a question that

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came in from It looks like Rick, what does a

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00:18:14.839 --> 00:18:21.400
bookkeeper need from me to be able to do bookkeeping? Well,

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every bookkeeper out there is going to need information about

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your company and what you do, of course, but then

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they're going to be talking to you about what your

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sources of revenue and expenses, how you're doing your payroll.

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So if you're doing payroll, they're going to need your

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payroll forms. They're going to need you if you're doing

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weekly payroll or bi weekly payroll, however you're processing payroll.

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With each payroll processing, they're going to need the information

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so they can book the transactions in there. They're going

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to need your bank statements, your credit card statements. If

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you're spending cash for the business and you're reimbursing yourself.

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They're gonna want a probably a reimbursement form so that

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you when you cut yourself a check back that they

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can apply the cash out you're spending to record all

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the expenses. They're gonna need your loan documents. So if

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you get a new loan, let's say on a new truck,

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or you buy a new building or something, they're going

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to need the loan documents to see you know, what

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your loan is, how much interest you're paying, what's the

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terms on it, so they can record interest and principle correctly.

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If you've got a lease on equipment, they're going to

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want to see the least to determine whether it's a

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operating or capital lease so that they can record these

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the correct way as well, so you know, they're looking

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for all the financial information that you have. When you

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buy a new truck or a new piece of equipment,

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they want the buyer's orders so they can get the

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exact numbers of what you bought it for. Because we

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get a lot of people out there say, hey, I

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just bought a truck and it was seventy five thousand.

295
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Well that's the number they remember, but the actual charges

296
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on that truck may have been seventy seven, six hundred

297
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and twenty three because of taxes and other things down there,

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or maybe it's now eighty two thousand because they added

299
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a warranty and stuff in there. So we've got to

300
00:20:37.680 --> 00:20:41.759
go through and make sure that everything ordered correctly for

301
00:20:41.920 --> 00:20:46.160
that piece of equipment that you buy as well, and

302
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then they're going to ask you questions on a continual basis,

303
00:20:49.039 --> 00:20:51.519
what is this for? What was this other things for?

304
00:20:51.680 --> 00:20:55.480
Because you get out there and start buying things and

305
00:20:55.519 --> 00:21:01.160
spending money, they may not know everything that you're purchasing

306
00:21:02.000 --> 00:21:04.759
and what it was for. Same with repairs, So if

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you're doing repairs on a piece of equipment, they're going

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to want to see that repair bill so that they

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can determine if some of that needs to be capitalized

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or if we can all be expensed based on the

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IRS rules and regulations for repairs and stuff. So there's

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a lot of information that people do need out there,

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00:21:30.799 --> 00:21:36.079
and you know, making sure that you've got everything that

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you need or they need to prepare good books for us.

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You have the best possible information at your fingertips. I've

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00:21:45.960 --> 00:21:49.119
got a message in here from m Kelly do we

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00:21:49.240 --> 00:21:54.759
train bookkeepers Well, Kelly, now we do not do training here.

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You know what I recommend is go to your community college,

319
00:21:59.680 --> 00:22:05.279
take some beginning accounting courses and learn the basics behind

320
00:22:05.279 --> 00:22:10.400
it accounting. We have trained people here to become full

321
00:22:10.480 --> 00:22:15.720
charge bookkeepers, but we want them to have the basic knowledge.

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And these people have grown with us and become integral

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parts of the businesses that we service here, and that's

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the reason we will train them on here is expecting

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them to be long term staff with us. But if

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you're looking to become a bookkeeper, don't jump into some

327
00:22:35.039 --> 00:22:39.079
of these mickey mouse courses that are online that say

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they set you up to learn how to do bookkeeping.

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You know that maybe they teach you how to do

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00:22:44.279 --> 00:22:49.799
quick books, but they don't teach you all the basics

331
00:22:49.920 --> 00:22:52.640
you know behind it. To have a friend that does

332
00:22:52.759 --> 00:22:55.039
costs went through one of those classes, and it's like

333
00:22:56.400 --> 00:22:59.319
calling us all the time trying to help help the

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client that they they've gotten because they've gotten in over

335
00:23:02.279 --> 00:23:04.720
their head and they don't know accounting, they don't know

336
00:23:04.759 --> 00:23:07.240
what to do, and they just know, hey, this is

337
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what they told them to do for quick books, and

338
00:23:10.759 --> 00:23:14.240
you know, using their standard chart of accounts, and here's

339
00:23:14.279 --> 00:23:18.279
how you enter transaction, and here's how you do this

340
00:23:18.400 --> 00:23:24.880
with this transaction. It makes it sometimes difficult on somebody

341
00:23:25.039 --> 00:23:30.480
that is an expert in accounting and bookkeeping and tax

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and then having to figure out what somebody else did.

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So it does, you know, make it a little bit

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more complicated. Hey, we come back. We're going to talk

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00:23:41.079 --> 00:23:44.759
about a little bit about taxes and tax rates. We

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had a few more questions to come in, so we'll

347
00:23:47.759 --> 00:23:49.759
answer those after the break, and then we'll jump into

348
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a couple of questions about taxes and tax tax brackets,

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and we'll be right back after this.

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We have only scratched the surface of place show.

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00:24:00.079 --> 00:24:03.880
Please stand by as Barrygifowler will be right back with.

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Tax talk for you.

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As an owner operator, you already spend too much time

354
00:24:11.240 --> 00:24:15.079
away from your family. Trucker Tax Tools handles all your

355
00:24:15.079 --> 00:24:16.319
bookkeeping and taxes.

356
00:24:16.359 --> 00:24:18.279
No matter what level trucker you are.

357
00:24:18.519 --> 00:24:21.720
Life on the road can be taxing, but that doesn't

358
00:24:21.759 --> 00:24:25.119
mean that your wallet or time with your family should suffer.

359
00:24:25.680 --> 00:24:28.799
Trucker Tax Tools makes your life run smoothly.

360
00:24:29.319 --> 00:24:31.519
Go to truckertax tools dot com for.

361
00:24:31.599 --> 00:24:34.559
A free guide that will give you the tools to

362
00:24:34.960 --> 00:24:38.960
never worry about your taxes again. Call Trucker Tax Tools

363
00:24:39.079 --> 00:24:43.440
eight seven seven nine sixty six two four seven seven

364
00:24:43.720 --> 00:24:46.839
or go to Trucker tax Tools dot com now and

365
00:24:47.000 --> 00:24:53.279
let the experts keep you trucking. Let's get back to

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00:24:53.440 --> 00:24:57.119
tax stock for you with more tax stock once again.

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Here's your host, barrygf foul.

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00:25:02.720 --> 00:25:05.880
Hey, welcome back. I'm going to answer a couple of

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00:25:05.960 --> 00:25:11.160
questions here. This is one from Kyle. When you do

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hire a bookkeeper, how often you turn in your papers

371
00:25:15.440 --> 00:25:19.680
and receipts to them? Well, like when we work with people,

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00:25:21.079 --> 00:25:25.440
we will collect bank statements, credit card statements once a

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00:25:25.480 --> 00:25:29.039
month from you. But we also have a secure portal

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00:25:29.079 --> 00:25:33.880
where you can put up information, receipts and papers as

375
00:25:33.920 --> 00:25:37.279
you see fit. So if like if you're one of

376
00:25:37.319 --> 00:25:42.720
our trucking clients out there, you may finish fueling, or

377
00:25:42.759 --> 00:25:45.039
you may have finished repairs and you may have taken

378
00:25:45.039 --> 00:25:47.519
a picture of the receipt and you put it up

379
00:25:47.519 --> 00:25:51.440
in our secure portal sometimes immediately as you're going through

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00:25:51.480 --> 00:25:55.119
and doing these things, it really becomes up to you.

381
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But we also in our bookkeeping service, we make everything

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00:25:59.640 --> 00:26:03.559
as simple well as possible. A lot of times, most

383
00:26:03.599 --> 00:26:06.480
of our clients we are downloading and pulling bank statements

384
00:26:06.480 --> 00:26:12.359
and credit card statements from their bank and their logins

385
00:26:13.000 --> 00:26:17.160
so that we have it when we need it and

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00:26:17.200 --> 00:26:19.599
we're not having to bother somebody to go get it.

387
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And then we'll ask for certain receipts behind that that

388
00:26:24.519 --> 00:26:29.559
supports the information or helps us to look at how

389
00:26:29.599 --> 00:26:32.799
something should be recorded. Because let's say you did some

390
00:26:32.839 --> 00:26:38.000
repairs and need to see that what repairs were done,

391
00:26:38.039 --> 00:26:40.319
so we can decide how we need to pourd that.

392
00:26:40.960 --> 00:26:44.319
Or maybe we see you bought a new piece of equipment,

393
00:26:44.400 --> 00:26:45.880
all of a sudden, you're paying on a new loan

394
00:26:45.920 --> 00:26:48.559
you didn't tell us about, and then we can go

395
00:26:48.640 --> 00:26:51.279
out there and get that as well from you. But

396
00:26:51.960 --> 00:26:54.880
if you're working with somebody, you can ask them, hey,

397
00:26:54.960 --> 00:26:59.279
how often do you want these receipts? But a lot

398
00:26:59.359 --> 00:27:01.119
of times, you know, like if you're working with us,

399
00:27:01.319 --> 00:27:03.039
you can do it when you want to do it

400
00:27:03.200 --> 00:27:08.599
as you want. We had another question come in and

401
00:27:09.119 --> 00:27:11.119
it doesn't look like they gave us what their name is,

402
00:27:11.200 --> 00:27:17.240
but what features are actually in the zero software that

403
00:27:17.559 --> 00:27:21.839
you're talking about. Well, the zero software, you know, provides

404
00:27:22.599 --> 00:27:27.160
good flexibility for you know, allows you to bring in

405
00:27:27.200 --> 00:27:30.079
your bank statement, be able to expend, you know, put

406
00:27:30.119 --> 00:27:35.480
things in expenses and income. But if you're run an inventory,

407
00:27:35.559 --> 00:27:38.559
it does have an inventory system. It allows you to

408
00:27:38.559 --> 00:27:40.440
go out there and put in your bills and then

409
00:27:40.480 --> 00:27:47.240
pay your bills, claim all your expenses out there. If

410
00:27:47.240 --> 00:27:49.920
you set it up, you can actually accept payments through

411
00:27:49.960 --> 00:27:54.160
it as well. You can do online invoicing. There's a

412
00:27:54.200 --> 00:27:58.720
lot of other integrated apps that are out there. If

413
00:27:58.759 --> 00:28:03.000
you do project we have some clients to do that.

414
00:28:03.039 --> 00:28:06.680
You can track your projects out there, you can integrate

415
00:28:06.880 --> 00:28:12.160
payroll from other services out there, and it allows you do

416
00:28:12.319 --> 00:28:17.160
quotes and purchase orders if you have multiple currencies. It's

417
00:28:17.160 --> 00:28:23.319
got that as well. And it's got a nice accounting

418
00:28:23.400 --> 00:28:27.359
dashboard or bookkeeping dashboard, and a lot of analytics for

419
00:28:27.480 --> 00:28:30.920
you as well. So there's a lot of good features

420
00:28:31.039 --> 00:28:36.200
in that zero software that you know your bookkeeper can

421
00:28:36.319 --> 00:28:38.119
use or if you've got a little bit of knowledge

422
00:28:38.119 --> 00:28:42.759
of bookkeeping, those might help you a lot as well

423
00:28:43.480 --> 00:28:46.640
in helping to get you a good set of books

424
00:28:46.640 --> 00:28:49.599
that you can use to figure out where your business

425
00:28:49.799 --> 00:28:54.680
is going. Now, we got some questions that came in

426
00:28:54.759 --> 00:28:59.960
on taxes and what are the tax brackets for torn

427
00:29:00.240 --> 00:29:04.440
twenty four, So they weren't even looking at twenty five yet.

428
00:29:04.680 --> 00:29:07.720
They want to know what are they going to be

429
00:29:07.880 --> 00:29:13.839
tax and stuff. And the reason that they were asking

430
00:29:14.039 --> 00:29:15.880
is because they were trying to figure out how much

431
00:29:15.920 --> 00:29:20.359
money they're they're going to get taxed. But if you've

432
00:29:20.359 --> 00:29:24.720
only made up to eleven thousand, six hundred as being single,

433
00:29:24.960 --> 00:29:30.079
or twenty three thousand, two hundred if you're married, you

434
00:29:30.119 --> 00:29:32.039
only have a ten you're only in the ten percent

435
00:29:32.279 --> 00:29:39.880
tax bracket. Above that eleven thousand, six hundred to forty

436
00:29:39.880 --> 00:29:42.839
seven thousand and one point fifty, it's a twelve percent

437
00:29:42.920 --> 00:29:46.799
tax bracket as single and then as mary finally joint,

438
00:29:46.799 --> 00:29:48.839
it's going to be double that. In ninety four thousand,

439
00:29:48.960 --> 00:29:53.400
three hundred, the twenty two percent bracket goes for single

440
00:29:53.440 --> 00:29:55.759
all the way up to one hundred thousand and five

441
00:29:55.920 --> 00:29:59.720
twenty five. Now, just remember the first eleven thousand, you

442
00:29:59.799 --> 00:30:05.400
got that ten percent taxes. The next jump to forty

443
00:30:05.440 --> 00:30:08.519
seven thousand. From the eleven six to the forty seven

444
00:30:08.519 --> 00:30:11.599
to one point fifty, you get taxed at the twelve

445
00:30:11.640 --> 00:30:15.359
percent rate. So it's not retro all the way to

446
00:30:15.400 --> 00:30:17.759
the beginning you get the ten percent, then you move

447
00:30:17.799 --> 00:30:20.599
to the twelve percent. Then you move to the next bracket.

448
00:30:21.119 --> 00:30:23.400
From that forty seven to one point fifty one all

449
00:30:23.440 --> 00:30:26.880
the way to one hundred five twenty five, you get

450
00:30:26.920 --> 00:30:30.039
the twenty two percent bracket. Remember these are doubled if

451
00:30:30.039 --> 00:30:33.960
you're married filing joint, if you're married filing separate, it's

452
00:30:34.000 --> 00:30:37.680
going to be same as the single And then head

453
00:30:37.680 --> 00:30:40.680
of household has its own bracket. You're adding a little

454
00:30:40.680 --> 00:30:45.000
bit more to it to get to that. To that level,

455
00:30:46.240 --> 00:30:49.519
the twenty four percent bracket kicks in at one hundred

456
00:30:49.599 --> 00:30:52.160
thousand and five twenty six all the way up to

457
00:30:52.279 --> 00:30:56.240
one ninety one nine fifty and then from that one

458
00:30:56.400 --> 00:30:59.880
ninety one nine to fifty one to two forty three

459
00:31:00.160 --> 00:31:04.160
in twenty five, you're at the thirty two percent. If

460
00:31:04.200 --> 00:31:07.200
you're lucky enough to get into the thirty five percent bracket,

461
00:31:08.279 --> 00:31:11.920
you're making two hundred and forty three thousand, seven twenty

462
00:31:11.960 --> 00:31:14.640
six up to six hundred and nine thousand, three point

463
00:31:14.640 --> 00:31:19.599
fifty and then if you are hitting the very top bracket,

464
00:31:21.720 --> 00:31:26.079
you have six hundred and nine thousand, three fifty one

465
00:31:26.440 --> 00:31:35.559
and above its tax at that highest level of thirty

466
00:31:35.599 --> 00:31:41.680
seven percent. Now that doesn't add in any extras for

467
00:31:41.839 --> 00:31:45.079
the Medicare tax. You know, once you exceed the brackets

468
00:31:45.079 --> 00:31:51.079
out there. The jump we did for twenty twenty five

469
00:31:51.440 --> 00:31:56.079
was only about three hundred and twenty five dollars in

470
00:31:56.119 --> 00:32:00.480
that ten percent bracket, and that pretty much I think

471
00:32:00.640 --> 00:32:05.279
plays out across the board. You did go to forty

472
00:32:05.279 --> 00:32:08.039
eight thousand and four to seventy five being where the

473
00:32:08.279 --> 00:32:12.240
twelve percent bracket ends, and then you jump to one

474
00:32:12.279 --> 00:32:15.720
hundred and three thousand and three fifty for that twenty

475
00:32:15.759 --> 00:32:21.759
two percent bracket. So you know, basically what you got

476
00:32:21.759 --> 00:32:25.799
to remember is that first bracket, uh. You know, you're

477
00:32:25.839 --> 00:32:27.759
going to pay that ten percent. Then once you get

478
00:32:27.799 --> 00:32:30.319
above that, you pay the twelve percent and so on,

479
00:32:32.240 --> 00:32:37.519
and then you can come up to a effective tax rate.

480
00:32:38.119 --> 00:32:40.720
And what is the effective tax rate based on you know,

481
00:32:40.920 --> 00:32:45.119
what is the total amount of tax you paid and

482
00:32:45.680 --> 00:32:49.839
against your taxable income, and you can get to to

483
00:32:50.079 --> 00:32:56.920
that rate. That's that's out there. Some things that reduce

484
00:32:56.960 --> 00:32:58.920
your taxes as well. It's going to be like the

485
00:32:58.960 --> 00:33:04.200
tax credits, UH, to reduce your your tax bill dollar

486
00:33:04.279 --> 00:33:07.640
for dollar, but they're not going to affect anything on

487
00:33:07.680 --> 00:33:11.119
the on the bracket that you're in. Tax deductions, on

488
00:33:11.160 --> 00:33:15.240
the other hand, reduce how much your income is subject

489
00:33:15.319 --> 00:33:20.400
to taxes. Deductions are going to generally lower your taxable

490
00:33:20.440 --> 00:33:25.039
income and maybe help you fall from you know, one

491
00:33:25.079 --> 00:33:30.119
bracket to to the other so that you can uh

492
00:33:30.440 --> 00:33:36.680
save money. You know, what do we expect now with

493
00:33:36.839 --> 00:33:42.359
Trump coming into into office, Well today, we expect a

494
00:33:42.400 --> 00:33:46.160
lot of executive orders coming out and uh, you know,

495
00:33:46.200 --> 00:33:49.240
people resigning from positions what I've seen on the news

496
00:33:49.279 --> 00:33:54.720
and everything now. But what we're going to be looking

497
00:33:54.759 --> 00:34:01.559
for is what are his uh tax cuts gonna be

498
00:34:01.599 --> 00:34:05.319
for you know, the future. You know, it's going to

499
00:34:05.359 --> 00:34:10.960
be interesting to see what they do. And you know

500
00:34:13.039 --> 00:34:15.800
they're going to be looking right now at the state

501
00:34:15.960 --> 00:34:23.440
and local tax SOMEHOWNT and what is right now limited

502
00:34:23.480 --> 00:34:26.360
to ten thousand dollars no matter where you are, and

503
00:34:26.440 --> 00:34:31.199
we see that going and maybe increasing, you know, across

504
00:34:31.239 --> 00:34:34.760
the board to cover some of these higher tax states

505
00:34:35.039 --> 00:34:38.679
that are out there that are running state income tax

506
00:34:38.840 --> 00:34:43.440
and or maybe those that are subject to higher property

507
00:34:43.480 --> 00:34:47.159
taxes and getting a better deduction within that standard deduction

508
00:34:48.159 --> 00:34:50.840
so that maybe you don't have those those limits or

509
00:34:53.039 --> 00:34:56.679
the standard deductions stay in the same and then more

510
00:34:56.719 --> 00:35:01.000
people being able to itemize because the state local taxes

511
00:35:01.159 --> 00:35:07.119
will be going up. Trump was also discussing, you know,

512
00:35:07.360 --> 00:35:12.960
other cuts that he's talking about, such as not taxing tips,

513
00:35:13.639 --> 00:35:17.360
and you know, I don't know how they're going to

514
00:35:18.239 --> 00:35:21.280
do that part of it and still be able to

515
00:35:21.280 --> 00:35:25.679
incorporate Social Security and Medicare into that. Maybe tips are

516
00:35:25.719 --> 00:35:28.440
not going to be taxed for federal income tax, but

517
00:35:28.480 --> 00:35:31.639
they'll still be taxed for Social Security and Medicare. These

518
00:35:31.639 --> 00:35:36.079
are things that are waiting to see what's going to happen,

519
00:35:36.159 --> 00:35:41.280
because this takes not a presidential executive order, but actually

520
00:35:41.519 --> 00:35:46.559
takes an Act of Congress to get these things through.

521
00:35:47.599 --> 00:35:49.199
When we come back, we're going to address a couple

522
00:35:49.199 --> 00:35:52.559
more questions we got coming in about taxes and Trump

523
00:35:52.599 --> 00:35:55.079
tax cuts and what's to be expected and when were we

524
00:35:55.119 --> 00:35:59.199
going to do that? Right after this break, we have.

525
00:35:59.199 --> 00:36:03.119
Only scratched the surface of today's show. Please stand by

526
00:36:03.199 --> 00:36:06.599
as Barry G. Faler will be right back with tax

527
00:36:06.679 --> 00:36:12.760
talk for you. As an owner operator, you already spend

528
00:36:12.760 --> 00:36:16.199
too much time away from your family. Stop spending time

529
00:36:16.239 --> 00:36:19.880
doing pay forwork. Go to Trucker tax tools dot com.

530
00:36:19.920 --> 00:36:24.440
A solution filled specifically for truckers. Trucker tax Tools dot

531
00:36:24.480 --> 00:36:30.559
com makes your life run smoothly. Let's get back to

532
00:36:30.719 --> 00:36:34.400
tax Talk for You with more taxtock once again.

533
00:36:34.880 --> 00:36:36.800
Here's your host, Barry G.

534
00:36:37.079 --> 00:36:37.400
Foller.

535
00:36:40.519 --> 00:36:43.199
Hey, welcome back, and again if you've got questions, uh,

536
00:36:43.360 --> 00:36:45.679
call our text in at five six one sixty two

537
00:36:45.719 --> 00:36:48.519
three nine four two nine again five six one six

538
00:36:48.639 --> 00:36:53.679
two three nine nine. Don't forget to connect with us

539
00:36:53.719 --> 00:36:57.239
at tax Talk for You dot com. Go there and

540
00:36:57.239 --> 00:37:01.800
subscribe to our podcast page that we stay completely up

541
00:37:01.840 --> 00:37:04.440
to date. Go to Trucker tax tools dot com if

542
00:37:04.440 --> 00:37:09.400
you're a trucker, if you owe the irs money, go

543
00:37:09.519 --> 00:37:17.239
to Taxation Solutions tax Relief. We have a great thing

544
00:37:17.519 --> 00:37:21.519
for tax relief out there, probably the greatest thing since

545
00:37:21.559 --> 00:37:27.760
sless bread, and that is three simple steps to solving

546
00:37:28.000 --> 00:37:35.239
your tax problem. And if you go to Taxation Solutions

547
00:37:35.320 --> 00:37:38.400
dot net you can check that out. Go in there

548
00:37:38.599 --> 00:37:41.599
and see that a wonderful video that we've put together

549
00:37:41.719 --> 00:37:45.119
on solving your tax problem and three simple steps. And

550
00:37:45.480 --> 00:37:48.159
it doesn't matter how much you owe, whether it's five

551
00:37:49.760 --> 00:37:53.119
fifty thousand, a million, whatever that number happens to be,

552
00:37:54.199 --> 00:37:59.159
there are simple steps to solving your tax debt with

553
00:37:59.320 --> 00:38:01.880
the irl US and you can apply a lot of

554
00:38:01.880 --> 00:38:05.920
this stuff to the state as well. So what else

555
00:38:06.000 --> 00:38:11.440
is we expecting, you know, inauguration day and Trump stepping

556
00:38:11.519 --> 00:38:14.760
back into office and uh, you know, what are we

557
00:38:14.800 --> 00:38:19.960
expecting tax wise with him? You know, we see the

558
00:38:20.000 --> 00:38:25.400
I r S head guy has resigned effective with Trump's inauguration.

559
00:38:27.400 --> 00:38:29.800
Do we expect to kind of are kinder and gentler

560
00:38:30.239 --> 00:38:33.480
I R S? I highly doubt it. We've got to

561
00:38:33.519 --> 00:38:38.159
have some enforcement agency that's out there, uh, to keep

562
00:38:38.159 --> 00:38:41.199
people filing taxes and paying their taxes, because without it,

563
00:38:41.280 --> 00:38:45.880
I doubt anybody would want to file or pay taxes.

564
00:38:45.920 --> 00:38:50.000
I know I wouldn't want to. But my license also

565
00:38:50.079 --> 00:38:54.079
depends on me doing these these filings that they say

566
00:38:54.079 --> 00:38:59.320
are so say voluntary, but not. But Trump's looking at

567
00:38:59.760 --> 00:39:04.079
again in exempting tips there he is looking at exempting

568
00:39:04.159 --> 00:39:08.119
social Security. You know, I think for social Security they

569
00:39:08.119 --> 00:39:12.000
should also once you're sixty two and a half and

570
00:39:12.360 --> 00:39:15.480
able to start taking Social Security, I think that should

571
00:39:15.480 --> 00:39:18.800
be one hundred percent your money, regardless if you continue

572
00:39:18.840 --> 00:39:22.639
working or not. And the same thing, you know, at

573
00:39:22.840 --> 00:39:26.960
full retirement at sixty seven plus, you know, it should

574
00:39:26.960 --> 00:39:29.239
be your money and it shouldn't be offset on any

575
00:39:29.320 --> 00:39:33.239
earnings whatsoever, and it should not be a thing against you.

576
00:39:33.719 --> 00:39:35.639
That's money you paid in. You should be able to

577
00:39:35.679 --> 00:39:40.239
pull that back out as you go over a period

578
00:39:40.280 --> 00:39:43.559
of time, you know, for retirement. They're looking at exempting

579
00:39:43.719 --> 00:39:50.840
overtime pay from the income tax. You know, you will

580
00:39:50.840 --> 00:39:53.880
as help. You know, hey, we don't know what we're

581
00:39:53.880 --> 00:39:56.920
going to have to see what that's going to do,

582
00:39:56.960 --> 00:39:58.800
but it should give you a little bit of boost

583
00:39:58.960 --> 00:40:03.840
for your take home income. Again, they're just talking federal

584
00:40:03.840 --> 00:40:07.679
income tax. They are not in any way talking about

585
00:40:07.719 --> 00:40:11.000
Social Security or Medicare tax on that. I don't see

586
00:40:11.039 --> 00:40:15.280
how they can do it and still put it together.

587
00:40:17.360 --> 00:40:20.920
They're looking at creating an itemized deduction for auto loan interest,

588
00:40:22.039 --> 00:40:25.079
and that could be a little bit of a boost

589
00:40:25.159 --> 00:40:28.599
as well. You know that standard deduction has always been

590
00:40:28.639 --> 00:40:31.840
hard to get over, especially when interest rates are were

591
00:40:32.079 --> 00:40:35.079
very low and stuff. But if you bought a new home,

592
00:40:35.320 --> 00:40:39.239
you know recently price has gone up. Interest rates under

593
00:40:39.920 --> 00:40:47.639
the prior administration went through the roof, and so you

594
00:40:47.719 --> 00:40:51.159
may have a lot more interest out there and you

595
00:40:51.280 --> 00:40:54.159
might not use the standard deduction. You might be able

596
00:40:54.199 --> 00:40:57.400
to itemize and then it makes charitable contributions to a

597
00:40:57.440 --> 00:41:01.320
little worth a little bit more to you as well,

598
00:41:01.880 --> 00:41:06.599
and giving to charities and making those inductions. We've missed

599
00:41:06.679 --> 00:41:11.320
some of that because of the large standard deduction that

600
00:41:11.760 --> 00:41:15.039
was there with the Trump tax cuts in twenty seventeen.

601
00:41:17.559 --> 00:41:21.639
We've also Trump has also talked about a corporate tax

602
00:41:21.719 --> 00:41:29.239
rate of fifteen percent for domestic manufacturing. So that's a

603
00:41:29.280 --> 00:41:36.599
good thing. Maybe bringing more manufacturing businesses back into the

604
00:41:36.760 --> 00:41:40.559
US and manufacturing more things here instead of importing everything.

605
00:41:41.239 --> 00:41:47.880
Same thing by increasing tariffs, it should up the activity

606
00:41:48.119 --> 00:41:54.280
of manufacturing here in the US and help industries that

607
00:41:55.119 --> 00:42:00.639
do that competing against companies that are using sometimes is

608
00:42:00.800 --> 00:42:09.119
very low wage countries that are out there, and you know,

609
00:42:09.480 --> 00:42:14.599
you've got to watch out for that and see how

610
00:42:14.639 --> 00:42:21.280
that's going to affect you. Trump is also proposed to

611
00:42:21.320 --> 00:42:25.480
eliminating the green energy tax credits you know, put in

612
00:42:25.559 --> 00:42:30.719
place and stuff. I see that that coming in. Some

613
00:42:30.800 --> 00:42:32.960
of this green energy is good, some of it's bad.

614
00:42:33.079 --> 00:42:38.079
Is Forcing things before it's ready is sometimes a tough

615
00:42:38.119 --> 00:42:44.719
way to go. Forcing people to start moving to new

616
00:42:44.760 --> 00:42:48.360
ways of green energy. Hey, you know, we all want

617
00:42:48.400 --> 00:42:52.280
to protect the environment, but we also want our luxuries

618
00:42:52.360 --> 00:42:55.320
of being able to do the things that we do

619
00:42:55.480 --> 00:43:01.559
without having to worry when my viewvehicle make it, you know,

620
00:43:02.760 --> 00:43:05.159
five hundred or seven hundred miles, without having to spend

621
00:43:05.239 --> 00:43:09.440
five hours charging this vehicle. We want to be able

622
00:43:09.480 --> 00:43:14.039
to move around, and it would affect travel, uh industry

623
00:43:14.239 --> 00:43:18.519
as well. And then Trump's going to come in and

624
00:43:20.000 --> 00:43:24.000
put tariffs in place, you know, against you know, China, Mexico,

625
00:43:24.280 --> 00:43:28.119
maybe Canada. We'll wait and see what actually happens with

626
00:43:28.320 --> 00:43:30.960
these with these tariffs. And you know a lot of

627
00:43:30.960 --> 00:43:32.679
the TIFFs that he put in place in the first

628
00:43:33.239 --> 00:43:37.960
his first time through never were removed. They left those

629
00:43:38.000 --> 00:43:41.480
tariffs tariffs there. There are some people that projected these

630
00:43:41.559 --> 00:43:48.480
terraffs would cause more inflation. We're going to see how

631
00:43:48.559 --> 00:43:54.119
these things go and and you know what effect it

632
00:43:54.199 --> 00:43:59.960
has on the US and the economy. We can see

633
00:44:00.239 --> 00:44:08.320
where you know, revenues had increased into the government based

634
00:44:08.360 --> 00:44:11.880
on these tariffs that are out there. And there is

635
00:44:11.960 --> 00:44:15.000
some talk of possibly moving to a flat tax, or

636
00:44:15.440 --> 00:44:20.559
possibly moving to just a sales tax as well. I

637
00:44:20.599 --> 00:44:27.760
don't think anybody has the appetite to fully customize and

638
00:44:27.800 --> 00:44:32.840
redo the whole income tax that the federal government works

639
00:44:32.840 --> 00:44:40.679
on they use these taxes so much too brought Peter

640
00:44:40.800 --> 00:44:44.159
to pay Paul, but also as like a robin Hood

641
00:44:44.199 --> 00:44:48.880
plan of taxing the rich to give more to the

642
00:44:48.960 --> 00:44:53.519
poor to buy more votes that are out there. So

643
00:44:55.440 --> 00:44:58.360
you know, there's a lot of different things out there.

644
00:44:58.920 --> 00:45:02.800
But you know it's going to be a wait and see,

645
00:45:03.239 --> 00:45:11.599
you know, what happens in the tax code with this

646
00:45:11.800 --> 00:45:15.519
new administration. So you know we're we're going to be

647
00:45:15.960 --> 00:45:22.119
watching this closely and figuring out what's going to be

648
00:45:25.599 --> 00:45:36.639
effective and not a effective Uh. I'm our president infective

649
00:45:36.679 --> 00:45:42.159
today is going to try to put in place and uh,

650
00:45:45.119 --> 00:45:51.480
but these changes through Congress and hopefully they will in

651
00:45:51.559 --> 00:45:53.599
some of these cases, it would be really nice to

652
00:45:53.599 --> 00:46:02.039
see social Security not acts uh or see overtime, you know,

653
00:46:02.159 --> 00:46:08.639
not federal income tax. These are all things that we

654
00:46:08.719 --> 00:46:15.440
can see coming through out there. Okay, So I got

655
00:46:15.480 --> 00:46:22.760
one quick question came in from Jimmy. Jimmy, you're a trucker. Awesome,

656
00:46:23.400 --> 00:46:27.440
thank you for what you do and transporting goods across

657
00:46:27.480 --> 00:46:31.000
the country. For everybody. Stay safe out there, especially with

658
00:46:31.159 --> 00:46:36.679
this winter storms that we're having across the across the US.

659
00:46:37.239 --> 00:46:40.599
How do I deduct more to pay less and self

660
00:46:40.639 --> 00:46:45.599
employment taxes. Well, you know that's always a big question

661
00:46:46.559 --> 00:46:52.119
that we get coming in from new truckers or existing truckers.

662
00:46:52.159 --> 00:46:55.320
In one I say, you know, hey, give Trucker Tax

663
00:46:55.360 --> 00:46:58.679
Tools a call. Go to Trucker tax Tools dot com.

664
00:46:59.280 --> 00:47:01.079
Let us give you a free quote for bookkeeping and

665
00:47:01.119 --> 00:47:04.159
talk about your taxes and bookkeeping and what we can do.

666
00:47:04.239 --> 00:47:09.480
But depending on your income you've got coming in, you know,

667
00:47:09.559 --> 00:47:12.079
maybe you can be an escort. And we talked about

668
00:47:12.199 --> 00:47:14.800
es corps and one of our previous podcasts to go

669
00:47:14.880 --> 00:47:18.800
to tax Talk for You dot com and you can

670
00:47:18.840 --> 00:47:22.960
see our other podcasts out there and look at escorps.

671
00:47:23.960 --> 00:47:27.159
But make sure you're deducting everything. Make sure you're using

672
00:47:27.199 --> 00:47:30.559
somebody for bookkeeping that knows the trucking industry. And even

673
00:47:30.559 --> 00:47:34.760
if you're in a childcare industry or retail industry or

674
00:47:35.039 --> 00:47:39.320
you know, any other industry that's that's out there, that's

675
00:47:39.360 --> 00:47:44.800
somebody that knows your business and what deductions you can take.

676
00:47:45.400 --> 00:47:47.800
You know, in the trucking industry, don't forget per dams.

677
00:47:47.840 --> 00:47:51.159
If you're driving overnight on the road away from home

678
00:47:51.920 --> 00:47:58.440
and there's special rules for that. Make sure that you know,

679
00:47:58.639 --> 00:48:01.920
maybe you're to husband and wife team and maybe you

680
00:48:01.960 --> 00:48:06.599
should be a multi MEMBERLLC and use guaranteed payments to

681
00:48:06.639 --> 00:48:12.360
reduce your Social Security and Medicare taxes, making sure that

682
00:48:13.760 --> 00:48:17.000
you can find every other expense. I mean, you think

683
00:48:17.000 --> 00:48:19.000
of it this way. If you spend one hundred dollars

684
00:48:19.840 --> 00:48:21.719
and you happen to be in the twenty two percent

685
00:48:21.800 --> 00:48:25.320
tax bracket and you don't take the deduction and you're

686
00:48:25.440 --> 00:48:29.639
using Schedule C, well that extra one hundred dollars you

687
00:48:29.800 --> 00:48:33.800
just paid fifteen dollars and thirty cents for Social Security

688
00:48:33.800 --> 00:48:36.480
and Medicare tax and then your tax and then twenty

689
00:48:36.480 --> 00:48:39.079
two percent tax bracket, so you get taxed another twenty

690
00:48:39.119 --> 00:48:41.880
dollars on top of that. Well, basically that's thirty five

691
00:48:41.960 --> 00:48:44.599
dollars that you lost that you could have saved on

692
00:48:44.719 --> 00:48:48.920
taxes if you took that deduction. Hey, we talked a

693
00:48:49.079 --> 00:48:52.039
lot about bookkeeping and everything, and in one of our

694
00:48:52.119 --> 00:48:55.719
last podcasts again go to tax Talk for you. Hey,

695
00:48:55.719 --> 00:49:02.679
our show always comes to where the hour is. Answering

696
00:49:02.760 --> 00:49:06.000
questions is a lot of fun and getting information out

697
00:49:06.039 --> 00:49:09.400
to you to help you run your business or save

698
00:49:09.440 --> 00:49:12.800
you money on taxes or do better bookkeeping is what

699
00:49:12.840 --> 00:49:17.280
we always do. Connect with us at tax Talk for

700
00:49:17.559 --> 00:49:22.960
You dot com. Go there, subscribe, see our prior podcast,

701
00:49:23.079 --> 00:49:25.079
listen to those download us. You can find us on

702
00:49:25.239 --> 00:49:30.039
iHeart Odyssey, all the different podcast sites that are out

703
00:49:30.079 --> 00:49:34.159
there wherever you choose to pull your podcast from. Go

704
00:49:34.239 --> 00:49:42.599
to and use connect with us, go to Facebook, tax

705
00:49:42.679 --> 00:49:47.119
Talk for You dot com. We'll be back next week Monday,

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00:49:47.440 --> 00:49:51.360
ten am Eastern time right here at W four CY Radio.

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00:49:52.039 --> 00:49:55.159
Look forward to seeing you have a great, God blessed

708
00:49:55.320 --> 00:49:55.920
safe week.

709
00:49:57.639 --> 00:50:00.840
Are you an individual or business at one to understand

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taxes and how they affect you? Are you looking for

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specific tax advice for self employed business owners and truckers.

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Are you behind on taxes and your bookkeeping? Are you

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dealing with the irs and ready to have some relief,

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Then you need Tax Talk for You, hosted by tax

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and trucker expert Barry G. Fower ea Keunean ten am

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Eastern time every Monday right here on W FOURCY Radio

717
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and Talk for TV. Don't forget to check this and

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past episodes at tax talkforu dot com. See you next

719
00:50:39.400 --> 00:50:43.800
week at W fourcy dot com.