Bookkeeping
Services
You’re in Good Company
We’re the fastest growing tax services provider. Our team of Bookkeepers specialize in working with small and medium size businesses.
Bookkeeping Services We offer
Income and Expenses
We provide Profit and Loss Statements, Balance Sheets and General Ledgers throughout the year, so you always know your financial situation.
Fast Processing
Our bookkeepers can log up to 70 transactions per hour, which is 35% higher than the industry standard.
Projections
Don’t wait until tax season to know how much you owe. We can help you determine your tax obligation prior to the end of the year.
Strategies
Our services include free consultation on how to maximize your deductions before the year ends. Take control of your taxes and make them work for you.
1099 Reporting
Have vendors that need 1099s? Don’t worry, we are here to help. Our proprietary system will notify you when it is time to do your 1099 reporting.
Consultation Services
We can help you locate business expenses for your particular industry. Don’t lose out on tax deductions you deserve.
Why BusinessRocket
Hassle Free
Lifetime Customer Service
Transparent Pricing
What are the requirements for a TCP License?
When you apply for a TCP Permit, you have to meet some specific requirements outlined by CPUC. Firstly, your vehicle must have commercial use registration, so coordinating with your lienholder is essential. Secondly, your business needs to be registered in California to be eligible for a CA TCP license. With our comprehensive package, the business registration and the CPUC application are included. Lastly, it is required to have a commercial insurance policy and a drug test on file to prioritize passenger safety.
How long does it usually take to get a TCP License?
The TCP application process typically takes about 2 weeks, but many individuals opt for a 2-4 week timeframe to secure the most appropriate insurance policy for long-term cost savings. Besides, if you don't yet have a commercial vehicle, you need to wait for the final commercial registration before submitting your application to CPUC. Moreover, if there is an existing vehicle loan, the DMV may take 30-45 days to provide the final registration documents. However, if your vehicle is fully paid off, you can obtain the commercial registration from the DMV on the same day. This timeline variation is crucial to consider for a smooth TCP application process.
What things should be considered when choosing a vehicle?
Choosing a vehicle involves considering vendor requirements, insurance costs, and vehicle inspection standards. Ensure your vehicle meets the criteria of the vendors you intend to work with. Be prepared for potentially higher insurance premiums for non-traditional vehicles and choose one that aligns with your intended use. If your vehicle exceeds 10-person capacity or is a stretched limousine, it must pass inspection by the California Highway Patrol (CHP). Schedule an appointment with your local CHP office before applying for a TCP license to ensure compliance.
How do you hire drivers for a TCP limousine license?
To hire drivers for a TCP Limousine License (Charter Permit), it's essential to understand the legal requirements governing who can operate vehicles under this license. The CA TCP license is issued by the California Public Utilities Commission (CPUC) to regulate passenger transportation companies. To operate a vehicle sanctioned by the TCP license, the driver must either be the company owner or an official W-2 employee. Notably, 1099 contractors are not permitted to operate TCP-sanctioned vehicles unless that 1099 contractor has an independent TCP License themselves.