Once you plug in your deductions you should not owe anything, especially if you are over the road. Once you put in your per diem you may even have...
Any problems with the trucks? How is Lone Mountain to deal with if there are problems with the equipment? I have heard pros and cons about them....
NJ calls it a rolling warehouse tax, I believe. Just one more reason to avoid NJ.
I would consider buying fuel in other states to reduce your fuel tax bill. I rarely buy fuel in Maryland, but do buy fuel in Virginia. If you are...
I believe you meant dividends rather than capital gains. In order to pay capital gains tax you must sell an asset, such as stock or real estate...
I had a DOT officer tell me once that citations are not reported on your CSA score unless he does an inspection. Of course, most of the time they...
There is no difference in a corporate setup based upon the type of business. A trucking company is set up the same as a retailer as far as the...
The tutorials do help when he comes out with a new version. It makes it much easier to learn the program. I usually download the tutorials so that...
I use a credit card or debit card for road expenses. I have one card for personal expenses and another for business expenses. When you use a...
If you go to the IRS website or a local office, you can find out what you need to do for social security and income taxes. If you lease to a...
Most lenders want a 2-3 year history for a company. They may want to see tax returns. They will want to see a balance sheet along with a profit...
You could pay cash for a decent used truck for what you will pay a carrier for a lease for a year. You will spend upwards of $900/week for most...
I have never leased a truck from a carrier. When I looked at the numbers I don't see how you can make much with them. There are a lot of costs...
Maintaining good records is critical, especially starting out. With the start of a new year, you may want to think about buying software...
I try to take things in stride, but I think that everyone gets stressed at times.
I spent $1.80 the second quarter. That is the least that I have spent in a long time. Last quarter I spent over $90. We are checking to see...
How many trucks are you running?
The lease payments will not come to $900/week but when you add all the other costs you have with a lease will be in the range of $900/week with...
How could you spend $1,900 for fuel taxes in a single quarter?
It is still not a done deal on the elogs. OOIDA still has a lawsuit pending on the issue. With Trump coming into office we should see fewer...
