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  #21  
Old 10-31-2008, 04:52 AM
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I have had ATBS do my taxes for the last 4 years..... it's quite simple since Schneider sends them all the info such as fuel purchases, insurance costs, ect ect. I did not OWE any money to the government for the 1st 3 years, but once I lost my depreciation on the truck, I paid $8500 on the 4th year.

This year I have been running under my own authority and still use ATBS but also bought a 2nd truck so now I have depreciation again.... they tell me I owe about $3500 a quater but I have been paying $5000 since I have the money available and figure I will just roll over the excess into next years taxes
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  #22  
Old 10-31-2008, 12:26 PM
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Originally Posted by rgordon212 View Post
I have had ATBS do my taxes for the last 4 years..... it's quite simple since Schneider sends them all the info such as fuel purchases, insurance costs, ect ect. I did not OWE any money to the government for the 1st 3 years, but once I lost my depreciation on the truck, I paid $8500 on the 4th year.

This year I have been running under my own authority and still use ATBS but also bought a 2nd truck so now I have depreciation again.... they tell me I owe about $3500 a quater but I have been paying $5000 since I have the money available and figure I will just roll over the excess into next years taxes
My sympthies that you are using ATBS. They are one of the worst tax firms out there. Not only did they miss deduction after deduction when I was using them, but they were notorious for completely forgetting that they were even supposed to be doing my taxes. They repeatedly lost many of the receipts that I sent them, as well as neglecting to include expenses when actually filing.

The last year I was with them, they made 6 months worth of fuel receipts disappear, then claimed I owed about $10,000 in quarterly taxes.
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  #23  
Old 10-31-2008, 03:47 PM
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Quote:
Originally Posted by rgordon212 View Post
I have had ATBS do my taxes for the last 4 years..... it's quite simple since Schneider sends them all the info such as fuel purchases, insurance costs, ect ect. I did not OWE any money to the government for the 1st 3 years, but once I lost my depreciation on the truck, I paid $8500 on the 4th year.

This year I have been running under my own authority and still use ATBS but also bought a 2nd truck so now I have depreciation again.... they tell me I owe about $3500 a quater but I have been paying $5000 since I have the money available and figure I will just roll over the excess into next years taxes
The " messiah " of trucking Kevin Rutherford got another one.....:clap:

Did you buy a turbo3000 also or was it included in the so called " accounting services " ?????
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  #24  
Old 10-31-2008, 04:16 PM
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I keep receipts for eveything and use Quicken, it costs forty bucks a year or so.
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  #25  
Old 10-31-2008, 04:54 PM
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I keep receipts for eveything and use Quicken, it costs forty bucks a year or so.

:bigclap::bigthumbsup:
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  #26  
Old 10-31-2008, 05:23 PM
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With the improvements in tax software over the years, doing your own taxes as a small business isn't difficult at all. In fact, doing my taxes myself, and comparing them to the taxes that ATBS did for me, I was finding missed deduction after missed deduction on theirs.

They skipped every toll receipt I turned in. WTF.
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  #27  
Old 10-31-2008, 05:50 PM
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Rev I'd love for you to call into the messiahs show some time, and explain all the grief with ATBS.
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  #29  
Old 10-31-2008, 08:22 PM
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To be honest, back before Rutherford sold off The Alliance to ATBS, his accounting firm did a lot better job. But once ATBS took over, things quickly went downhill. But even before the switch, there was a lot left to be desired.
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  #30  
Old 10-31-2008, 10:37 PM
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Default new tax system

There is a new tax system in place that is very simple and you can do it yourself. the form only has 3 lines

Line 1, How much did you make?
Line 2, How much do you have left?
Line 3, Send it in.
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