There is a saying out there that we've heard, "You will get sued." It is a bit dark and depressing, but in a litigious industry like trucking, it can be more accurate than we would like to admit. The point behind the saying, of course, is that it is better to prepare for the worst in case the worse should happen.

For owner operators or owners of trucking fleets, we would like to add to that saying.

"And you might get audited." 

An audit can be terrifying if you haven't maintained healthy bookkeeping habits. And unfortunately, if you're holding an audit notice from the IRS it is a little late to start good habits. There are, however, plenty of things you can do to proactively prepare for the possibility of an audit in case you are selected by the IRS. 

There is a saying out there that we've heard, "You will get sued." It is a bit dark and depressing, but in a litigious industry like trucking, it can be more accurate than we would like to admit. The point behind the saying, of course, is that it is better to prepare for the worst in case the worse should happen.

For owner operators or owners of trucking fleets, we would like to add to that saying.

"And you might get audited." 

An audit can be terrifying if you haven't maintained healthy bookkeeping habits. And unfortunately, if you're holding an audit notice from the IRS it is a little

Tired of trying to keep track of a bunch of receipts while on the road? It is no fun using your downtime organizing piles of receipts and punching numbers into Excel spreadsheets—unless that's your thing, in which case, carry on!

But if you're the type who doesn't love the tracking side of the trucking business, the Stride Tax app might be a good fit for you. Keep reading for our review of the positives and negatives of this free smartphone app.

Tired of trying to keep track of a bunch of receipts while on the road? It is no fun using your downtime organizing piles of receipts and punching numbers into Excel spreadsheets—unless that's your thing, in which case, carry on!

But if you're the type who doesn't love the tracking side of the trucking business, the Stride Tax app might be a good fit for you. Keep reading for our review of the positives and negatives of this free smartphone app.

We all want to pay fewer taxes, right? Well, if recent conversations with your tax accountant have you concerned about your tax burden in 2018, this is the list for you.

We've gathered up some of the best year-end trucking purchases we'd recommend you get in before tax season. 

We all want to pay fewer taxes, right? Well, if recent conversations with your tax accountant have you concerned about your tax burden in 2018, this is the list for you.

We've gathered up some of the best year-end trucking purchases we'd recommend you get in before tax season. 

In previous blogs we've explained the changes to per diem deductions for company drivers in 2018. Today we are taking on the changes to depreciation for owner operators. In order to fully understand depreciation changes in the new tax law, we had Eric Maas, a trusted CPA who works with trucking clients go over the old rules and explain how things are going to change under the new law. Take it away, Eric!

In previous blogs we've explained the changes to per diem deductions for company drivers in 2018. Today we are taking on the changes to depreciation for owner operators. In order to fully understand depreciation changes in the new tax law, we had Eric Maas, a trusted CPA who works with trucking clients go over the old rules and explain how things are going to change under the new law. Take it away, Eric!

Trump's 2018 tax plan comes with plenty of questions, including how it will affect truckers. We talked to Tara Thompson, a tax preparer who regularly works with truckers to get her thoughts on three of the most talked about or confusing changes and how they may affect your taxes over the next year. 

Trump's 2018 tax plan comes with plenty of questions, including how it will affect truckers. We talked to Tara Thompson, a tax preparer who regularly works with truckers to get her thoughts on three of the most talked about or confusing changes and how they may affect your taxes over the next year. 

Unfortunately, when you are a trucker, getting your taxes done isn't as simple as stopping by the local H&R Block. Tara Thompson is an expert in trucker taxes and she stopped by to give us some tips on finding the right tax preparer for you.

Unfortunately, when you are a trucker, getting your taxes done isn't as simple as stopping by the local H&R Block. Tara Thompson is an expert in trucker taxes and she stopped by to give us some tips on finding the right tax preparer for you.

It’s that time of year already, tax time.  Hard to believe! But with the first of the year comes another change thanks to Congress. The Miscellaneous Itemized Deduction category was eliminated for all company drivers. For all the details on how this change could affect you, we turned to trucker taxes expert, Tara Thompson.

It’s that time of year already, tax time.  Hard to believe! But with the first of the year comes another change thanks to Congress. The Miscellaneous Itemized Deduction category was eliminated for all company drivers. For all the details on how this change could affect you, we turned to trucker taxes expert, Tara Thompson.