TRUCKING BLOG

Owing taxes to the Federal Government is never intended to be part of the plan, yet we can find ourselves in this position for a number of reasons. Whether a truck broke down, a mortgage needed to be paid, or an unexpected health emergency occurred, it is not uncommon to be placed in a position where you are choosing to sacrifice the funds you would have otherwise paid towards your tax bill just to stay afloat personally. In 2022, nearly 58.2 million taxpayers were in a posit

Historically, the Internal Revenue Service has always seemed a little bit scary, slightly out of reach, and shrouded in a sense of...

Despite being the primary system that all income-producing American adults must interact with, the IRS and taxes tend to be something we...

As an independent contractor, it's important to file your taxes on time to avoid penalties and interest charges. However, sometimes...

Download our complete "Tax Resolution Guide for Owner-Operators" by clicking here! Are you worried about your past-due taxes? If so, you’re not alone! IRS non-compliance is a major problem among independent contractors in the trucking industry, as well as virtually any industry where there are independent contractors. Why is it such a common problem? For truckers, there are a few reasons: No one teaches truckers about taxes before they become business owners Bookkeeping is h

Tax season can be stressful, especially for independent truck drivers since they don’t have taxes withheld from their pay. If you’re facing a tax bill you can’t afford to pay right now, you’re not alone, and you do have options. Below are practical, step-by-step tips for owner-operators who are unable to pay their full tax liability. These tips are meant for anyone required to file a U.S. tax return who owes money to the IRS, but doesn’t have the cash on hand to pay it in ful