- Las Vegas, NV Tax Specialist & CPA Advisory Firm
CPA FOR HIGH-INCOME 1099 PROFESSIONALS IN LAS VEGAS
The TrueBooks Team
Our Founder
With over a decade of experience in the financial sector, Managing Partner Matt Bontrager has seen firsthand how even the savviest investors and business owners miss out on significant tax-saving opportunities simply because they lack the right financial guidance. He founded TrueBooks to provide that guidance and help you turn your tax liabilities into investment opportunities and has helped his clients cut their tax bills with top-tier service and innovative ideas.
Exceptional CPAs, Enrolled Agents, & Advisors Working for You
VP of Operations
Administrative Director
Accounting Director
Director of Sales
Senior Tax Advisor
Tax Manager
Tax Manager
Tax Manager
Senior Tax Associate
Senior Accountant
Administrative Manager
Accountant
Tax Associate
Tax Associate
Tax Associate
GET STARTED
High-income consultants, contractors, fractional executives, sales professionals, creators, and other independent professionals often need to plan for federal taxes throughout the year.
Large client payments, commissions, retainers, and irregular income can make generic tax estimates unreliable.
Your business structure, deductions, payroll, and retirement contributions should be evaluated together.
We help connect your 1099 income with quarterly taxes, business expenses, entity structure, investments, retirement accounts, and long-term wealth goals.
Looking for a broader Las Vegas CPA firm? Visit our homepage to learn more about TrueBooks CPA’s full advisory suite.
SPECIALIZED TAX STRATEGY
High-income 1099 earners deal with quarterly estimates, self-employment tax, business write-offs, entity decisions, retirement contributions, and income that may change significantly throughout the year.
1099-NEC income, business deductions, S corp elections, and retirement contributions can all change your final tax picture.
Planning before a large client payment, S corp election, equipment purchase, or retirement contribution can create more options.
Client income, write-offs, mileage, home office costs, contractor payments, estimated taxes, and retirement contributions need clean records.
Your 1099 income should be coordinated with W-2 income, investments, real estate, capital gains, and household income.
HOW WE HELP
We help professionals receiving substantial 1099-NEC and self-employment income understand what they may owe and what planning opportunities are available before year-end.
We project quarterly payments based on actual expected income instead of relying on a generic percentage of every client payment.
We help evaluate whether remaining a sole proprietor, using an LLC, or making an S corporation election fits your income and tax situation.
For professionals considering an S corp, we review reasonable compensation, payroll, distributions, bookkeeping, and the potential tax impact.
We help 1099 earners understand how self-employment taxes affect their overall tax bill and where entity structure may change the calculation.
We help identify and properly track business expenses such as software, contractors, professional fees, travel, equipment, advertising, and office costs.
We help self-employed professionals evaluate retirement options such as Solo 401(k)s, SEP IRAs, and other plans based on income and business structure.
We help organize client payments, expenses, owner activity, estimated taxes, and other business transactions so planning is based on accurate numbers.
If you work with clients or physically perform services in multiple states, we help evaluate potential state filing and tax obligations.
We help plan around changing 1099 income, new clients, large commissions, retirement contributions, investments, and future business growth.
STRATEGY CONSIDERATIONS
A profitable 1099 professional may want to evaluate whether S corporation taxation makes sense once income reaches a meaningful level.
The analysis should consider payroll, reasonable compensation, administrative costs, and overall tax savings.
If no employer is withholding taxes from your 1099 income, quarterly payments may be necessary.
Regular projections can help account for large payments, commissions, changing income, and other household income.
High-income 1099 professionals may have deductible expenses involving software, contractors, equipment, travel, home office costs, professional fees, and other ordinary business expenses.
Clean documentation matters.
Self-employed professionals may have access to retirement strategies that allow them to save for retirement while potentially reducing current taxable income.
Many 1099 earners also receive W-2 income, investment income, rental income, stock compensation, or capital gains.
Those income sources should be projected together rather than handled separately.
RELATED SERVICES
Proactive tax planning for 1099 income, quarterly taxes, deductions, retirement contributions, and other major financial decisions.
Accurate federal and state filing for individuals with self-employment and other complex income.
Clean financial reporting for independent professionals and business owners.
Tax strategy for individuals with significant income, investments, businesses, and complex financial situations.
Tax planning and advisory support for individuals with increasingly complex income and tax needs.
Comprehensive tax strategy for entrepreneurs, consultants, contractors, and business owners.
FREQUENTLY ASKED QUESTIONS
A CPA for high-income 1099 professionals can help with quarterly estimated taxes, 1099-NEC income, business deductions, entity structure, S corporation planning, retirement contributions, bookkeeping, and tax preparation.
There is no single percentage that works for every 1099 earner.
Your tax liability can depend on net business income, filing status, other household income, deductions, retirement contributions, investments, and state taxes.
Many people earning substantial income without withholding may need to make estimated tax payments during the year.
The amount should be based on your overall projected tax situation, not simply your gross 1099 income.
An LLC may make sense for business or legal reasons, but forming an LLC by itself does not necessarily change your federal income tax treatment.
The right structure depends on your income, business activity, liability considerations, and long-term goals.
An LLC may make sense for business or legal reasons, but forming an LLC by itself does not necessarily change your federal income tax treatment.
The right structure depends on your income, business activity, liability considerations, and long-term goals.
An S corporation can change how certain business income is treated for payroll tax purposes, but owners generally need to pay themselves reasonable compensation for services performed.
The actual benefit depends on the numbers.
Depending on your business, potential expenses may include:
Expenses should have a legitimate business purpose and be properly documented.
Certain self-employed individuals may qualify for a home office deduction when the space is used in a way that meets applicable tax requirements.
Simply working from home does not automatically make every household expense deductible.
Business use of a vehicle may create a deduction depending on the facts and recordkeeping.
1099 professionals should keep accurate records of business mileage and vehicle use.
Certain self-employed individuals without eligible common-law employees other than a spouse may be able to use a Solo 401(k).
Contribution opportunities depend on business income, entity structure, compensation, and other retirement plans.
It depends on your income, business structure, employees, desired contribution amount, and broader retirement strategy.
High-income 1099 professionals should compare the options rather than choosing solely based on convenience.
Many high earners have both.
For example, you may have a salaried position while also earning consulting fees, board income, commissions, speaking fees, or advisory income.
The tax strategy should combine all of those income sources.
This is common for consultants, sales professionals, contractors, and other independent earners.
Quarterly tax projections can be updated as income changes so estimated payments better reflect what you are actually earning.
Yes.
Consultants and fractional executives often receive substantial 1099 income while managing quarterly taxes, business expenses, entity structure, retirement plans, and multiple clients.
Yes.
Many independent professionals receive 1099 forms from several clients or platforms.
We help organize total business income and evaluate the full tax picture rather than treating each 1099 separately.
Nevada does not impose an individual state income tax.
However, federal income tax, self-employment or payroll taxes, business taxes, and potential taxes in other states may still apply.
No.
TrueBooks is based in the Las Vegas area and works with high-income independent professionals whose clients, income, and tax obligations may extend across multiple states.
