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The 2022 Schedule C is the tax form used for reporting your business' net profit to the IRS. Use this section-by-section guide to fill out your Schedule C and maximize your tax deductions
Switching from car allowances to Fixed & Variable Rate reimbursements with Everlance eliminated tax waste. Learn about their transition process in this article.
Expose current liabilities and learn how to increase compliance with your reimbursement policies. Regular enforcement is key to risk management.
If employees need to drive often to perform their jobs, businesses can either provide their staff with a company vehicle or have employees use their own personal cars for work. While offering company cars may seem like a good investment, there are tax considerations to keep in mind. Learn more about company vehicles here.
Are you interested in the gig economy? Then, you'll want to check out this post. We cover how much you can make with top gig platforms, like Uber, Lyft, and more.
Looking to take control of your mileage reimbursement program? Learn about the modern way to manage mileage.
If you're looking to save on mileage, then FAVR may be the right employee mileage reimbursement program for you. It's a tax-efficient program that is customized to your mobile workforce. Learn more.
A beverage distributor reduces company liability and risk by transitioning sales reps to Everlance’s flexible and easy-to-use mileage reimbursement programs.
Running a small business can be complicated—that's why we created this guide. Learn more about small business mileage and expense tracking and how it can help your business.
If you're a gig worker, not using a mileage tracking app is costing you thousands every year. Not convinced? Here's the reasons why.
A mileage tracking app may just be the best shortcut to maximizing your deductions as a self-employed person. Learn more about what mileage tracking apps and how to maximize your tax deductions here.
Real estate agents can save money on taxes by maximizing their deductions. Learn about the top deductions in this article.
Taxes can be a pain when you're busy saving lives. Check out this list of tax deductions for nurses and other healthcare professionals and check "saving money on taxes" off your to-do list.
As a Shopper, it's important to maximize your tax deductions to save money at tax time. Read on for the top deductions for Shipt Shoppers.
Company car costs are getting more challenging to manage. That's why some companies are disposing of their fleets. We cover how to decide if you should dispose of your company's fleet.
A great vehicle program matters more than you think. Here’s how you can use a flexible vehicle program to navigate labor shortages and rising gas prices.
Small business taxes don’t have to be complicated. Learn the best tax deductions to save more with this guide to tax write-offs for small business owners.
From employee benefits and vehicle needs to compliance and tax implications, there's more than one factor that could make a program the more cost-effective and efficient choice for your company.
Learn who must pay quarterly taxes, how to calculate estimated tax payments, and how to stay on track for your next quarterly tax payment.
Is your vehicle program provider worth the cost? Get the facts you need to compare providers when it comes to program options, pricing and more.
If you have employees that drive for work, it’s important to understand mileage reimbursement rules that apply to your company. In this article, learn what’s required, how to calculate mileage reimbursements, and everything you need to know about mileage rules.
The IRS announced changes to the 2022 standard mileage rates, which will increase to 62.5 cents per mile for business purposes in 2022 after July 1.
As a self-employed individual, you are responsible for paying taxes on your income. Unlike employees, taxes aren’t automatically taken out of your payments. Instead, you are responsible for setting aside money for your taxes and then paying the IRS.
Curious about side hustles? If you want to make extra money on the side, here’s what a side hustle means and how to start a side hustle of your own!
Wag Caregivers can write off business related expenses
StreetDelivery needed an accurate mileage tracking system that would save time, ensure accountability and be user-friendly. Here’s how Everlance met their needs.
Learn how PhysioTech streamlined their mileage and expenses reimbursement processes to save time and increase accountability using Everlance Business.
For a smooth expense management process, you need reliable software. Here’s an overview of the benefits of expense reporting software and why it’s essential.
As a Dasher, it's important to maximize your tax deductions to keep more money in your pocket at tax time. Read on for the top tax deductions for Dashers in this guide.
With rising prices of fuel, how can you save money at the pump? These 19 tips will help you save money on gas, no matter how much you’re driving.
Before Everlance, the building materials supplier used a paper-based mileage tracking and reporting system, placing a heavy administrative burden on the team. Now they have all the info they need at their fingertips.
Struggling to keep employees happy while cutting costs with your vehicle program? Read how Wil Fischer saved time and scaled teams affordably with Everlance.
We know that managing company mileage is a hassle. So, that’s why we created this guide, so you can get your commute disallowance policy right.
We look at current adoption and policy trends for electric vehicles to understand their impact, depending on your vehicle program. Then, we review the costs to purchase, own and operate an electric vehicle (EV) today, and consider how much employees driving a personal electric car for work should be reimbursed to ensure they're fairly paid.
Before Everlance, the healthcare organization was frustrated by poor customer service and a heavy administrative burden. Now the team can focus their time on life-saving work, not tracking and managing mileage.
It's important to understand if you're self-employed or an employee. But it can be confusing to understand what to classify yourself as. We answer this question in straightforward language.
As an independent contractor, you may receive a 1099-K, 1099-NEC, and/or 1099-MISC form. Whether you drive for Instacart, Doordash, Postmates, Shipt or another delivery driver service, this post is for you.
If you're an Uber driver, then Uber will send you a 1099 form to use for your tax filing. As an independent contractor, you could receive a 1099-K, 1099-NEC, and/or 1099-MISC form.
Are you looking for a straightforward, IRS compliant Excel mileage log template? Our free downloadable Excel mileage log will help you track your mileage manually and contains all the information you’ll need to meet IRS standards.
If you are a Lyft driver, then you are considered self-employed and need to file taxes accordingly. Learn more about 1099 forms and filing Lyft taxes.
If you are looking for the best times to DoorDash in your area, then this guide is for you. We cover how to find the best time to Dash on weekdays, weekends, throughout the day, and more.
We provide a step-by-step guide to enhancing your employee reimbursement program. Plus, we address how you can avoid common (and costly!) mistakes many companies make on reimbursements.
Everlance’s vision is to empower mobile workers wherever their work takes them. Learn about the product story behind scaling this vision for business.
This guide is for Uber drivers—learn about the tax forms you need, how to maximize your tax write-offs, and more. Our goal is to make your tax prep easy and straightforward.
This guide is for Lyft drivers—learn about the tax forms you need, how to maximize your tax write-offs, and more. Our goal is to make your tax prep easy and straightforward.
This guide is for Doordash drivers—learn about the tax forms you need, how to maximize your tax write-offs, and more. Our goal is to make your tax prep easy and straightforward.
We address 5 common employee reimbursement mistakes we see companies making to fix today—and best practices for avoiding them.
Catholic Charities West Michigan uses Everlance to run their mileage system. With Everlance’s accurate and intuitive technology, the team can focus on serving their community, not their mileage logs.
Learn how to do an expense report. We cover everything you need to create an excellent expense report that will impress your boss.
We’ve partnered with beverage distributors like Hoffman Beverage, Virginia Eagle Distributing, Craig Stein Beverage, Wil Fischer Companies, and College City Beverage to help save these organizations time and money on vehicle reimbursement programs. Getting more involved in this community and investing in this vital industry was a logical next step.
If you are looking to join the Top Dasher club, this guide is for you. We cover the top Dasher requirements, how to re-qualify, if it is worth it, and more.
Expense reports track and organize work expenses. These reports help employees get reimbursed for business expenses that they paid for with their own money. Get the facts and a free template in this guide.
Everlance Business is mileage reimbursement for the 21st century. Whether you need a FAVR or CPM program, we've got you covered. We’re excited to combine our #1 mileage & expense tracking app with a powerful admin dashboard to help organizations manage their mileage & expenses.
Want a mileage program that saves your company time and money? Read how Hoffman Beverage enhanced their mileage reimbursement process with Everlance Business.
With Amazon Flex and Amazon FBA (Fulfillment by Amazon) increasing in popularity, it's time to level-up your strategy. We have the best tips to help you earn more fast.
There's a heightened emphasis on compliance regulations, costs to businesses are rising, and businesses are looking for creative ways to increase employee happiness. Your vehicle reimbursement program is an easy place to make a difference. Read the guide to evaluate if your current program provider is meeting your needs.
Ready to make more money doing UberEats in 2021? You just need these pro tips. Discover the tips that the pros use and start making more money today.
Ready to test your Honda CivicX knowledge? Take the quiz to see if you really know your car facts. Plus, some throwbacks to its launch.
Are you ready to level-up your DoorDash strategy? Here are the best tips from pro Dashers on Reddit.
Did you know that a tax deduction and a tax write-off are actually the same thing? It's true. Learn more about how to maximize your deductions in this Gig Guide.
Overwhelmed by how much you owe on taxes? You can set up a payment plan. Learn more in this guide.
Are you looking to learn more about fuel-efficient cars? Here is the ultimate guide to fuel-efficient cars, from how they benefit the environment to how to decide if you should get one.
If you're reading this guide, your employees probably drive as part of their jobs—whether that’s meeting with clients, visiting job sites, making deliveries, or performing other duties. But how should your business pay for it?
If you’re self-employed, there are an overwhelming number of options to saving on medical expenses and Health insurance. Generally, there are three options to deducting health expenses and it is important to understand the differences between each.
Everlance has received a number of inquiries from our California users about Prop 22 and the $0.30/mile reimbursement calculation. That’s why we asked the team at Block Advisors to help shed some light on this issue.
The IRS has announced the E-File Open Day for Tax Season 2021. Starting on this date, the IRS will start accepting and processing tax returns. Get the details about the Open Day and more in this article.
If your employees are required to drive on the job, you want to be assured that they won't be breaking traffic laws or getting into accidents. Learn more about how you can ensure that your employee is a safe driver.
Employees from all different fields have begun working in their homes. This is a new experience for many. That's why we created this guide for employees to learn more about how they can get reimbursed from work, while they work from home.
Filing taxes as an independent contractor can be confusing—that's why we created this guide to filing taxes as an independent contractor. Learn more all the information you need to get your taxes done right.
For decades, independent contractors who drove for work had no method of tracking their mileage besides keeping a pen-and-paper mileage logbook. But now there is a better way—using a mileage tracker app that does the work for you. Learn more about why you need a mileage tracking app in this article.
In April 2020, the federal government started the process of depositing stimulus payments into eligible individuals' bank accounts that have direct deposit setup. Learn more about these stimulus payments and get your questions answered here.
Starting April 10 2020, independent contractors and self-employed individuals can apply for the Paycheck Protection Program (PPP), part of the government’s Covid-19 stimulus. Learn more about this program and whether you qualify here.
At any time, being an independent contractor can be complicated—add a pandemic and things can get even more overwhelming. That's why we've pulled together resources for independent contractors to consider during the COVID-19 pandemic.
In response to the COVID-19 pandemic, you may have seen that the recent Coronavirus Aid, Relief, and Economic Security (CARES) Act will allocate $350 billion to help small businesses keep workers employed. The key small business policy initiative here is the “Paycheck Protection Program” (PPP) which will be fully backed by federally guaranteed loans. Learn more here.
A bit of good news amidst the Covid-19 outbreak. Due to the outbreak, the IRS has extended the federal tax filing and payment deadline. Learn more about the extension in this article.
Most of us aren’t auto experts, and that’s okay. As long as you keep track of your mileage and stay up to date on a regular car maintenance schedule, you’ll know what to ask of your mechanic and can avoid many of the problems that arise from vehicle neglect. It also helps to keep a car maintenance log and adhere to the following servicing schedule.
If your job requires you to drive your personal vehicle for work, your employer likely offers an incentive in return for the wear and tear you're putting on your car. Most companies often provide this incentive in the form of a cent per mile reimbursement plan or a flat-rate car allowance. Learn more about which one is better for employees here.
IRS Publication 463 sets the rules for companies to help them determine what business expenses are tax-deductible. This helps the self-employed understand what can and cannot be deducted on their taxes. Get the details on IRS Publication 463 here.
The Canada Revenue Agency (CRA), which is the Canadian equivalent to the IRS, recently announced its 2020 income tax deduction limits and expense benefit rates that will apply when using an automobile for business purposes. Referred to as the Automobile Allowance Rate, this rate is not a fixed value, and just as the U.S. Standard Mileage Rate, it can change slightly year over year.
If you’ve just started working in a new line of work, you may be overwhelmed by all the jargon involved. Employers may want to know if you are bonded and insured, licensed and insured, licensed and bonded, or maybe even all three, but what do all these terms mean, exactly?
Does your company need someone with a specific skill set to take on a short-term project? Do you have an employee who is taking a brief leave from their job? Are you hesitant to hire new employees for permanent positions? Learn more about hiring temporary employees.
Being an independent contractor comes with more tax responsibilities than if you were an employee. But the good news is that you can also take advantage of more tax breaks and deductions. Let’s go over the differences between being an employee and independent contractor.
Business owners, HR executives, and payroll managers have several factors to take into account when deciding on an employee mileage reimbursement policy. Let’s review the considerations and best practices below when it comes to employee mileage reimbursements.
Tampering with a car odometer means much more than a discrepancy between actual mileage and the number that’s shown on the odometer. In the United States, changing or altering an odometer reading is a federal offense, and it’s one that costs consumers over $1 billion annually. Learn more about the signs of odometer fraud here.
Are you curious about the states with the highest and lowest income tax? Well, we've got the facts on these states. Except for specific individuals who are exempt, the majority of us have to pay federal income taxes. What we pay is based on our yearly income, which determines the tax bracket we fall under. In addition, you may also have to pay state income taxes. The amount you pay in state income tax is dependent on where you live, with state tax rates ranging from zero to 13.3 percent.
Doctors making house calls may be a thing of the past, but providing healthcare services outside of medical offices and hospitals have grown exponentially over the past few decades. As a result, home healthcare has become an essential business, offering valuable outpatient services to the elderly and as a viable treatment for many other health conditions. Learn more about home health mileage tracking here.
The IRS has some strict rules on driving for work. Whether your commuting miles can be written off on your taxes is dependent on many factors and specific instances of your work-related trips. Get the facts in this rule here.
If you’re in the market for a car, consider the sticker price before making your final decision. Car depreciation, or the loss of value on your vehicle over time, will affect the overall financial impact of your buying decision. Learn more about car depreciation here.
We help people save time and money. At Everlance, we're on a mission to empower mobile workers and businesses. That sometimes leads us to generalize tax information. Everlance team members are not certified tax professionals. If you need help with your specific tax situation, please reach out to your tax advisor.
