Finding a loophole in the taxing delivery
Couriers and deliveries go hand in hand. It is possible to accumulate a large amount of deliveries, in a short amount of time. With this in mind the courier needs a way to keep track of deliveries. It is useful info, and helps in many ways.
For this reason, it helps when the apps make things easier. Not only do they track completions but also other metrics. It is possible to get a lot of information from the things the apps track.
Moreover this is just the information the user is allowed to see. There is undoubtedly more. For the purposes of this article we are going with delivery completions. Having a good idea of the amount of overall completions can be useful to the courier.
Not only does it help the courier with keeping track, but also is a benchmark. If the courier is not tracking mileage on the daily, having another type of benchmark is just as useful. It’s possible to use this info at a more taxing time.
The Taxing Delivery
The taxing time is just ahead. It is even a season with a deadline. This is a time when the courier will need all the help it is possible to get. The solo courier is solo, in more ways than one. When it is time to pay taxes, the courier can benefit from detailed info.
Mileage and gas receipts are top priorities for the courier. The better the courier is able to define expenses the less confusion there will be on the courier’s actual pay. It is important for the courier to be in the correct tax ‘bracket’.
For example, an average six hour stretch of delivery availability pays out in gross earnings. In this example the take is seventy dollars. Taxes will be counted on the seventy dollars, regardless of the cost of getting the dough. If the courier invested twenty for gas, the real take home pay is fifty bucks. For six hours.
It is possible to deduct some taxes. In this way the courier lessens the burden at the end of the year. However that fifty bucks is shrinking fast. Better not deduct too much right now. Have you seen the price of eggs lately?
Wear and tear is nowhere in this picture, btw. Which is why the courier benefits from attentive maintenance. Know any good tax tips that can help couriers? Comments are welcome, and stay safe out there.
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