Taxes for Owner-Operator Truck Drivers
As an owner-operator truck driver, your tax situation is unique. You file and pay taxes like a business owner while also being eligible...
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- May 11
- 2 min
Accounting for Owner-Operator Truck Drivers
Accounting is the process of recording, measuring, and communicating information about the financial transactions taking place in a...
98 views0 comments
- Mar 2
- 3 min
Tax Advice for 1099 Truck Drivers
Every year there are changes to tax laws that may go under the radar for some 1099 truck drivers. Not knowing what these changes are may...
2,772 views0 comments
- Feb 4
- 5 min
1099 vs. W-2 Truck Drivers: What's the Difference?
There are many differences between W-2 and 1099 truck drivers. In this article, we'll talk about the main differences between the two,...
1,652 views3 comments
- Jan 25
- 3 min
Important Tax Updates for the 2022 Tax Season
The 2022 tax season is here which means it’s time to start thinking about filing your 2021 taxes. Before you start, we’re here to make...
8,269 views1 comment
- Jan 18
- 2 min
Tax Filers Should Expect Delays Due to IRS Backlog
The Treasury Department and the IRS are beginning to warn taxpayers of possible delays during this year’s tax filing season, which begins...
394 views0 comments
- Dec 1, 2021
- 4 min
Seizing the Per Diem Tax Break (For Truck Drivers)
Per Diem (per day) is one of your largest tax deductions as an owner-operator, but what is it exactly? In its simplest terms, the Per...
28,250 views22 comments
- Nov 29, 2021
- 7 min
Tax Moves for Truckers to Make Before Year End
2021 is almost over which means it’s time to make sure you have minimized your tax bill for the year. There are many things you can begin...
12,006 views0 comments
- Oct 6, 2021
- 3 min
How to Use the ATBS Mobile App
The ATBS Mobile App makes working with us even easier! With this app, you’ll be able to easily call or email your business consultant,...
14,961 views0 comments
- Sep 13, 2021
- 4 min
¿Qué es Exactamente el Per Diem?
¿Qué es exactamente el Per Diem? El Per Diem (Por Día) es una de las deducciones de Impuestos Sobre la Renta (ISR) más grandes para un...
1,053 views2 comments
- Aug 27, 2021
- 3 min
4 Steps to Ensure a Successful Tax Return
The end of the year is quickly approaching, which means it’s time to start thinking about taxes.
1,156 views0 comments
- Jul 15, 2021
- 4 min
How Does the IFTA Reporting System Work?
What is IFTA? The International Fuel Tax Agreement (IFTA) is a pact between the lower 48 states and the ten Canadian provinces that...
3,936 views0 comments
- May 20, 2021
- 3 min
Tips for Filing an Amended Tax Return
Your taxes have been filed and you might even have a refund on its way. That's when you realize that you made a mistake. If this sounds...
433 views1 comment
- May 6, 2021
- 4 min
Filing a Tax Extension
Each year nearly eight million Americans file for an extension on their taxes. This represents nearly eight percent of all taxpayers in...
343 views0 comments
- Mar 9, 2021
- 1 min
The Final Episode of the Rearview Mirror Series
In the final episode of the Rearview Mirror Series, we give a quick summary of the series in total, answer some final user-submitted...
16 views0 comments
- Mar 1, 2021
- 3 min
Tips for Owner-Operators Who Can't Pay Their Taxes
Tax season can be a stressful time. Independent contractors who do not have taxes taken out of their paychecks are particularly...
1,798 views0 comments
- Feb 22, 2021
- 2 min
The Rearview Mirror Series Episode 6: Common Questions about Back Taxes
In this episode of the Rearview Mirror Series, we answer some of the most common questions truck drivers have about back taxes and tax...
22 views0 comments
- Feb 15, 2021
- 3 min
Owner-Operator Truck Driver Tax Deductions
Owner-operators are not just responsible for calculating and paying their own taxes, they’re also responsible for deducting expenses,...
6,511 views0 comments
- Feb 1, 2021
- 3 min
Depreciation and Section 179
Section 179 doesn’t increase the total amount you can deduct, but it allows you to get your entire depreciation deduction in one year,...
183 views0 comments
- Jan 22, 2021
- 3 min
Where Is My 1099?
Many professional truck drivers choose to contract their services to carriers and fleets. The 1099 is a tax form which allows the IRS to...
2,349 views0 comments