Tracking Your Earnings and Expenses

Following your profit and costs throughout the year is fundamental to making the assessment season more manageable. Here are a few tips for remaining organized:

• Use an app or spreadsheet: A few apps designed for gig laborers, like Walk Assess, QuickBooks Self-Employed, or MileIQ, can help you track your mileage, costs, and salary.
• Save your receipts: Make sure to save your receipts for any expenses related to your business (e.g., car repairs, gas, or phone bills).
• Review your 1099 forms: At the end of the year, double-check your 1099-NEC and 1099-K forms to ensure they accurately reflect your earnings. If you find any discrepancies, reach out to DoorDash for clarification.

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Sudip Sengupta

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Hi there! I am Sudip Sengupta, the face behind "Tfin Career". Tfin Career is a sole proprietorship finance and consulting firm that makes complex tax and financial concepts easy to understand for everyone. With more than 21 years of experience in the field, I have noticed that people cannot make the right decisions in this field. So, I decided to create "Tfin Career" to help individuals and businesses alike. Here I urge those who are confused to make better choices. Also, it is good news for my dear clients and every visitor that I/we are going to start a training module for those who want to choose a career path in Finance and Taxation. Just follow my website.

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