How the Latest Per Diem Changes will Affect Owner-Operators
One of the goals of the government stimulus programs has been to get restaurants back on their feet. And the good news is, one of the...
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TRUCKING BLOG
Become a better truck driver and business owner by taking a look at the hundreds of articles in our Trucking Blog. We have articles that cover a wide range of topics including the trucking industry, taxes & bookkeeping, health & fitness, and much more.
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- May 6, 2021
- 4 min
Filing a Tax Extension
It is important to get your tax return in to the IRS by the April 18th deadline. But what happens when meeting that deadline is just not...
1,126 views0 comments
- Mar 20, 2021
- 9 min
The American Rescue Plan Act Of 2021 and How It Affects Owner-Operator Truck Drivers
The American Rescue Plan Act of 2021, also called the COVID-19 Stimulus Package, is a $1.9 trillion economic stimulus bill passed by...
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...
46 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...
30 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,...
712 views0 comments
- Jan 22, 2021
- 2 min
Where Is My 1099?
Many professional truck drivers choose to contract their services to carriers and fleets. The 1099-NEC (Non-Employee Compensation) is a...
3,505 views0 comments
- Jan 17, 2021
- 3 min
Tax Preparer for Truckers: What Should You Look For?
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...
3,925 views0 comments
- Jan 9, 2021
- 1 min
The Rearview Mirror Series Episode 5: Negotiation Strategies & Tactics
As always, if you haven't watched the previous episodes, we'd recommend starting there and working your way forward. Remember, Episode #2...
20 views0 comments
- Dec 27, 2020
- 1 min
The Rearview Mirror Series Episode 4: Managing IRS Compliance
As always, if you haven't watched the previous episodes, we'd recommend starting there and working your way forward. Also as always,...
15 views0 comments
- Dec 1, 2020
- 1 min
The Ten Most Popular ATBS Articles from 2020
Looking to jumpstart your trucking business in 2021? Check out the articles that were read the most during the past year and become a...
72 views0 comments
- Nov 23, 2020
- 2 min
The Rearview Mirror Series Episode 3: Negotiating With the IRS
If you haven't watched Episode #2, stop what you're doing and go watch/listen to Episode #2. Obtaining IRS Compliance is the single most...
15 views0 comments
- Oct 25, 2020
- 5 min
5 Questions a CPA Must Know About Owner-Operator Taxes
When was the last time your CPA or tax professional updated you on the current Per Diem rates you are entitled to? Have they ever...
2,630 views1 comment
- Oct 9, 2020
- 1 min
The Rearview Mirror Series Episode 2: Obtaining IRS Compliance
In this episode of the Rearview Mirror Series, Tom and Barney talk all about the first step in getting caught up on your taxes: IRS...
25 views0 comments
- Sep 7, 2020
- 1 min
Introducing the ATBS Rearview Mirror Series
Find out how to get caught up on your taxes and put the IRS in your rearview mirror with our new Rearview Mirror Video Series! In this...
40 views0 comments
- Jul 1, 2020
- 2 min
Financial Clutter: What to Keep and What to Get Rid Of
As we move past tax season, it's the perfect time to organize your financials. But where do you start? If you have boxes full of bank...
402 views0 comments
- Mar 15, 2020
- 2 min
4 Common Tax Myths Debunked
These myths could end up costing you thousands of dollars if you’re not careful.
451 views0 comments
- Apr 18, 2019
- 4 min
7 Red Flags That May Lead to a Tax Audit
As you do your taxes this year, pay attention to these seven red flags that may lead to a tax audit.
2,450 views0 comments
- Apr 13, 2019
- 4 min
A Common Tax Misconception
A misconception we see in tax planning with taxpayers is self-employment (SE) taxes (social security and Medicare) and income taxes are...
70 views0 comments