1099 Service Industry Taxes – Infinite FIlings

Employee Filings

Contractor & 1099 Worker Tax Strategy & Filings

Secure your spot for the 2025 tax season while seats are available.

1099 Service Industry
Tax Package

Our 1099 Service Industry Tax Package provides all required form filings along with industry specific tax deductions, credits and strategies to ensure our service industry client’s get the most out of their tax returns.

Tax Forms Included:

Form 1099-NEC

If you earn more than $600 from a client you'll be required report your 1099 Non-Employee Compensation form as part of your gross income.

Form 1040 (US Individual Income Tax Return)

The 1040 Form is used to file annual income tax returns. All income earned, including wages, interest, dividends, and income from freelance or contract work, is reported on this form.

Schedule C (Profit or Loss from Business)

Attached to Form 1040 and used by self-employed individuals and 1099 contractors, the Schedule C reports business profits and losses.

Schedule SE (Self-Employment Tax)

The Self-Employment form calculates self-employment tax, which includes both Social Security and Medicare taxes that self-employed individuals must pay.

Industry Deductions & Credits:

Tax savings are in the deductions and credits that an individual is entitled to using. The

Nail tech

Hair Stylists/Barbers

Facials/Wax/etc.

Eyelash Extensions

Fuel Tax Credits: Truck drivers may be eligible for the federal fuel tax credit if they purchase diesel fuel for off-highway use, such as running auxiliary equipment.
Section 179 Deduction: This deduction allows for the immediate expense of purchasing certain types of business equipment, such as trucks or trailers, instead of depreciating them over time.
Per Diem Allowances: Truck drivers can utilize a per diem allowance for meals and incidental expenses while traveling. This is not a direct credit, but it helps lower taxable income by providing a simplified way to deduct travel expenses.

Energy Efficient Home Improvement Credit: Plumbers who work on the installation of energy-efficient appliances like water heaters, or improvements such as water conservation systems, can claim this credit.
Work Opportunity Tax Credit (WOTC): If a plumber hires an apprentice from certain target groups (e.g., veterans or long-term unemployed individuals), they may be eligible for this credit.
Section 179 Deduction: Tools, equipment, and vehicles used in the plumbing business can qualify for the Section 179 deduction.

Residential Energy Credits: HVAC contractors who install qualified energy-efficient heating and cooling systems may be eligible for credits through the homeowner, which could increase business and deductions.
Renewable Energy Credits: Installing and servicing renewable energy sources, such as solar-powered HVAC systems, may qualify the business for federal or state-level renewable energy tax credits.
Work Opportunity Tax Credit (WOTC): HVAC contractors can benefit from hiring individuals from targeted groups, similar to the plumbing industry.

Energy Efficient Roofing Credit: Installing energy-efficient roof products can make homeowners eligible for tax credits, indirectly benefiting roofing contractors.
Section 179 Deduction: Roofing contractors can deduct the cost of trucks, ladders, and other equipment used in their business under this deduction.
Work Opportunity Tax Credit (WOTC): Hiring apprentices or workers from underrepresented groups also makes roofing companies eligible for this credit.

Secure Your 2025 Tax Package Before Availability Runs Out

Ready to get started? Infinite Filings is currently accepting new clients and offering FREE tax consultations with our tax filing specialists. Secure your spot for the 2025 tax season before its too late!

2025 Tax Filing
Open Enrollment Deadline

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Maximize your returns

Infinite Filings is accepting new clients for the 2025 tax season and ready to help our clients get the most out of their taxes.

Schedule a consultation today to secure your spot and ensure all your earnings are properly documented and compliant.

1099 Service Industry Tax Package