TRUCKING BLOG

Back on March 27th, 2025, representatives Pat Ryan (D-NY) and Zachary Nunn (R-IA) reintroduced legislation to establish a refundable income tax credit for qualified commercial drivers. First introduced by representatives Mike Gallagher (R-Wisconsin) and Abigail Spanberger (D-Virginia) in April 2022, the bipartisan Strengthening Supply Chains Through Truck Driver Incentives Act would provide short-term incentives to attract and retain new drivers. The lawmakers expect the bil

Per Diem (per day) is one of your largest tax deductions as an owner-operator, but what is it exactly? The Per Diem deduction is a tax deduction that the Internal Revenue Service (IRS) allows to substantiate ordinary and necessary business meals and incidental expenses paid or incurred while traveling for business while away from home. In this article, we address the specific rules around using this significant tax deduction. As a result of the Tax Cuts and Jobs Act, W-2 emp

When I started my career as an independent owner-operator under my own authority, I spent a lot of time putting my business plan...

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 cause people to miss out on significant savings when it comes time to file their taxes . That's why we wanted to provide a few pieces of advice to make sure you aren't making the same common mistakes other owner-operators are making. Are you a self-employed truck driver who needs help with your taxes? Click here! 1. The Standard Deduction in

The last thing any trucker wants to think about is filing their taxes or wondering if they have found a good tax preparer who knows specifically about trucking taxes. But it’s better to conduct this search as early as possible. The closer you get to tax day, the harder it is to find a quality tax preparer. The following are various points to consider when choosing a tax preparer for truckers: Are you a self-employed truck driver that needs help with your taxes? Click here! P

Generally, as a rule, I have made it a habit to track many of my business’s numbers. I do this for several reasons: To benchmark against...