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TruckTax Launches on-line Bookkeeping system
for Independent Truckers.
TORONTO ONTARIO, CANADA,
August 1, 2005.
TruckTax today announced the launch of its on-line bookkeeping and
tax reporting management service system for Truckers.
This online bookkeeping system,
is designed to make it easy and convenient for the busy trucker to
professionally manage the bookkeeping and tax reporting process
without having to ship, mail or deliver documents to his/her
bookkeeper and/or tax service provider.
This
on-line bookkeeping system
will enable independent truckers to eliminate the shoe-box receipt
storage system and easily have their bookkeeping done on a monthly
basis and receive quarterly financial statements from the comfort of
their home and their PC.
With this
system there is no software to buy, no software to learn or support
and the virtual bookkeeping clients will be able to do their
bookkeeping write-up information submission at any time, 24/7 from
anywhere where, where they have access to a computer with an
internet connection.
This
on-line system will significantly reduce the cost of hiring an
in-house or part-time bookkeeper to have their books done on a
monthly basis.
To help
drive their cost of service down, Trucktax has established a low
fixed fee for its online service that will enable Truckers to enjoy
cost savings on bookkeeping fees of up to 40% or more off what it
would normally cost to have an in-house or part-time bookkeeper
provide similar services.
This
service will give Independent Truckers big-business financial
results reports and support on a timely basis. Reports include; a
set of quarterly financial reports designed to give more meaning to
the business bookkeeping information and tax implications, help to
make running their business and managing operating costs and
increasing profits easier, more productive and professional.
Quarterly
reports include: Profit/Loss statement – Cash Flow Statement –
Break-even analysis and Operating analysis of cost per mile and
profit per mile. Support includes; 3rd quarter year-end
tax planning financial projection of potential profit, tax payable
and tax planning recommendation. In addition, clients will also
benefit from our timely tax compliance reporting support service for
GST and at year-end, personal tax return preparation and corporation
tax return at business year-end if business is a corporation.
About
TruckTax:
Trucktax is
a bookkeeping and Fuel Tax compliance services company, specializing
in providing Independent Truckers with an easy to use convenient and
cost-effective bookkeeping support system that will eliminate the
need for in-house or shoe-box bookkeeping, yet delivers all of the
benefits of in-house bookkeeping, tax management and
controllership.
In
addition, the company provides Truckers and Truck Fleet companies
with low-cost fixed fee fuel tax data processing and reports
preparation service, that will significantly reduce their fuel tax
compliance cost and help drive more profits to their company’s
bottom-line.
For more information call - (905)
479-6444
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