We’re thrilled to announce that we’ve partnered with Turo!
Founded in 2009, Turo is the world’s largest peer-to-peer car sharing marketplace. Turo hosts earn over $10,000 per year per car on average, giving budding entrepreneurs the tools and resources they need to build a small, successful portfolio of cars to share on the marketplace, and the opportunity to add thousands to their annual income.
Why the Turo + Keeper partnership makes sense for hosts
Like many that receive income reported on a 1099 tax form in the US, Turo hosts may have tax situations that benefit from specialized expertise: as a result of their independent contractor work with Turo, hosts often compile a considerable number of deductible business expenses throughout the year. These expenses – which can easily be well over one hundred unique transactions per year – typically include car maintenance and insurance costs, fueling expenses, road tolls, and other in-vehicle items like cleaning products, tissues, and air fresheners.
To get full credit at tax time, hosts need to diligently keep track of all their Turo-related business expenses, and many of them do so with excel spreadsheets, expense-tracking apps, or by keeping hold of paper receipts. And, while many of Turo’s hosts are experts at keeping their records up-to-date for tax purposes, the process of submitting said expenses to the IRS – known as filling out a Schedule C tax form – is time-consuming at best.
“Our hosts are really savvy and responsible business owners,” said Francisco Silva, Vice President of Tax, Treasury and Procurement at Turo, “but we’re always looking for ways to simplify and streamline how they work on our platform. The reality for our hosts is that, even when done expertly-well, taxes can be a stressful, tedious, and annoying process. We chose to partner with Keeper because their software is specifically designed to save independent contractors time and money.”
That’s why we’re excited to partner with Turo: to help reduce the anxiety and complexity of tax filing for hosts, so that they can focus on other components of their business.
About Keeper
Keeper is the first and only tax filing software designed for people with business income. And we’re making taxes magical.
Simply connect the financial account(s) that you use for work purposes, and we’ll automatically uncover hidden tax breaks that could be worth thousands of dollars. At tax time, file directly through the app with the IRS and all 50 states — as many states as you need, and as many different types of income that you might have.
Keeper supports W-2, 1099, and investment income — plus hundreds of credits, deductions, and special tax situations.
Unlike traditional tax softwares like TurboTax and H&R Block, we’ll never try to upsell our users either. So we’ll never charge additional fees for multi-state income or for additional income types, and every user enjoys both audit protection and 1:1 access to an assigned tax assistant at no additional cost.