Paying Taxes as an Independent Contractor — Where Do I Start?
The first step toward fulfilling your quarterly tax requirements is refining your bookkeeping strategy. Precise bookkeeping streamlines processes like reporting quarterly income and calculating estimated taxes. However, doing your own bookkeeping fills your schedule with back-office work that doesn’t generate revenue. Outsourcing your bookkeeping and tax preparation needs is a pragmatic solution.
Helping Independent Contractors Keep up With Taxes
You can spend more time generating revenue by hiring Marshall Jones for independent contractor tax and bookkeeping services. We simplify taxes for independent contractors by maintaining precise financial records and preparing quarterly tax documents. The service is 100% virtual to be a seamless addition to your workflow. When you work with us, you can look forward to:
- Professional bookkeeping, tax preparation and filing.
- Monthly cash flow reports.
- CPAs and accountants who are ready to help.
Tax Planning and Preparation Solutions for Independent Contractors
At Marshall Jones, we provide comprehensive bookkeeping and tax filing services for independent contractors. With our meticulous income reporting support, you will pay the appropriate periodic tax amounts and meet all deadlines. Work with us for the following solutions tailored to independent contractors.
Virtual Bookkeeping
We provide virtual bookkeeping solutions that record accurate income values from multiple sources. We can compare your income against deductible expenses to provide a holistic financial overview. Virtual bookkeeping streamlines tax filing as an independent contractor while helping you visualize your financial health.
Historical Cleanup
Organize your financial records with help from Marshall Jones. Our independent contractor historical cleanup service is a comprehensive bookkeeping audit that validates, confirms and corrects prior year returns. We will analyze previous years’ income statements, invoices, bills, 1099 forms and other financial documents to confirm information and identify errors.
Monthly Reporting
We promote accuracy and transparency by providing a thorough financial report at the end of each month. Monthly reporting streamlines quarterly filing processes by organizing the information needed to fill out a 1040-ES slip for quarterly estimated tax payments or complete a 1099 form for any contractors you’ve compensated.
Why Trust Us for Independent Contractor Tax Services?
At Marshall Jones, our extensive, verifiable expertise makes us a trusted partner to independent contractors in various industries. We have spent over 30 years managing independent contractor taxes as a full-service accounting firm. Many of our accountants are CPAs and QuickBooks Certified professionals with the training to optimize the most complex independent contractor records.
We support our experience with a steadfast commitment to three core values — service, integrity and quality. You can trust us to uphold our values throughout our relationship, as we have for numerous other businesses that choose Marshall Jones for outsourced bookkeeping. We encourage you to view our success stories for firsthand accounts of how we earn each client’s trust.
Manage Your Taxes With Marshall Jones
Our bookkeeping and tax services can give you more time to focus on serving your customer base. Contact Marshall Jones online to discuss the ways we help independent contractors thrive.