179 Portsmouth St
Jackson, OH 45640
ph: 1-888-260-0595
david
Many owner operators not only own and operate their own equipment, they also do most or all of the repair and maintenance on their own equipment not to mention stay in compliance with a myriad of tax and log book rules.
We pride ourselves on helping owner operators run their operation like a business and eliminate the worry over taxes. We are available year round to discuss any tax questions and help you plan for the coming tax season. Our initial consultations are always free and our tax preparation rates starting at $350 are competitive. David has been working with owner operators for 10 years and understands that your free time is limited and that you need a tax preparer who understands trucking. David knows that trucking is a unique industry with unique tax rules. For example truckers get to take advantage of increase per diem deductions than most other businesses. Not to mention fuel taxes credits available for certain equipment, plate fees, 2290 taxes and changes in depreciation.
If you can think of any other expenses you have that are not listed here please call and we will talk about it them!
If you would like this list emailed to you in excel just email me and I will reply.
What to bring with you:
1099's and other income sources
Records related to purchase or sale of equipment
Last year's tax return (new clients only
Other deductions:
Advertising
Business use of your personal vehicle
Commissions and fees
Payments to other drivers
Business insurance (liability, bobtail, cargo, etc.)
Health Insurance and related health costs
Interest paid on business equipment
Legal and accounting costs
Home office expenses (call us to see if you qualify for this)
Retirement plans
Rent of equipment
Repair and maintenace costs
Truck supplies
2290 taxes
IRP plate fees
IFTA and other state road taxes
Number of nights away from home
Lumper fees
Fuel for tractor
Fuel (in gallons) for generators
Fuel (in gallons) for reefers
Scales, tolls, towing
Any other on the road expense
Small tools
Safety clotihng (steel toe boots, etc)
Business use of cell phone
On board computer
Motel costs (if applicable)
Copyright 2011 trucking tax cpa. All rights reserved.
179 Portsmouth St
Jackson, OH 45640
ph: 1-888-260-0595
david