Hello,
I am a Canadian van expediter who drives for a fleet owner. I get paid a percentage of our gross revenue, with no taxes taken out of my pay. Last year was my first year expediting and I made about $40,000 CAD (About $30,000 USD). I went to H&R Block today to get an idea of what I will owe in taxes for last year and it came out to be about $8000 CAD (about $6000 USD). Obviously this is way more than what I want to pay considering that I do not make much money doing this to begin with...
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I am a Canadian van expediter who drives for a fleet owner. I get paid a percentage of our gross revenue, with no taxes taken out of my pay. Last year was my first year expediting and I made about $40,000 CAD (About $30,000 USD). I went to H&R Block today to get an idea of what I will owe in taxes for last year and it came out to be about $8000 CAD (about $6000 USD). Obviously this is way more than what I want to pay considering that I do not make much money doing this to begin with...
Read more