Latest trends in the Trucking Industry

Why does a trucking company need an accountant?

June 31, 2022

In the highly competitive landscape of the trucking industry, every decision counts, and every resource matters. While managing shipper contracts and freight deliveries, maintaining fleets, and ensuring the highest levels of service quality, financial operations can become challenging. That’s where the role of an accountant becomes not just necessary, but pivotal.

Most Common Corporate Tax Mistake Most Trucking Businesses Make

June 31, 2022

One common mistake that trucking companies, like many other businesses, often make when filing corporate taxes is incorrect classification and documentation of expenses.

Let’s Talk Tax for 1099 Contractors

June 31, 2022

One aspect that not many people might know about 1099 contractors is that they are responsible for handling their own taxes, both income and self-employment taxes. Unlike traditional employees who have taxes withheld from their paychecks, 1099 contractors must manage this independently.

Common Frustrations Trucking Companies Have with Accountants

June 31, 2022

Truckers working with accounting services often face several common frustrations, stemming from communication issues, lack of industry knowledge, and administrative challenges. Here is a quick breakdown of some of these common challenges.