Articles

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Ines Zemelman, EA
• 11.05.22
Comprehensive Guide to Heavy Highway Vehicle Use Tax
Heavy Highway Vehicle Use Tax (FHUT or HVUT) 2290 or "Road Taxes" are just some of the names used for this tax. Owner-operators contact ATBS every year with questions about this tax, often confused or worried by the conflicting messages they hear. For owner-operators this is an important tax to know about and be prepared to deal with on an...
5 min read
Comprehensive Guide to Heavy Highway Vehicle Use Tax
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Ines Zemelman, EA
• 15.03.22
Federal Excise Tax On Trucks, Trailer And Semitrailer
You should be familiar with all the taxes and fees associated with trucks, whether you drive trucks, sell trucks, or run a trucking business. It is necessary to budget for these tax obligations ahead of time if you're just starting out.  Heavy Highway Vehicle Use Tax is a form of revenue collected by truck drivers who operate big rigs on the...
5 min read
Federal Excise Tax On Trucks, Trailer And Semitrailer
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Ines Zemelman, EA
• 04.02.22
10 Truck Driver Expenses That You Can Take Advantage Of
Tax deductions for truck drivers were available to all until a couple of years ago. Currently, only self-employed individuals can claim truck driver expenses on their taxes due to a change in the tax code. In other words, the only driver eligible is an owner-operator or a contractor, not a company driver. By looking at the types of tax...
5 min read
10 Truck Driver Expenses That You Can Take Advantage Of
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Ines Zemelman, EA
• 02.02.22
7 Essential Income Tax Forms For Truck Drivers 
Whether you are an owner-operator or driving trucks for your employer you need to know the IRS forms for truck drivers when you file your taxes. In this article, you will learn about 7 essential Income tax forms for truck drivers.  First, you need to determine whether you are an owner operator, or an employee. In other words, you have to...
5 min read
7 Essential Income Tax Forms For Truck Drivers 
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Ines Zemelman, EA
• 27.12.21
A Complete Guide to Tax Return For Delivery Drivers
Are you making food deliveries and have no idea what the tax implications of the money you have earned? In this article, you will learn that while filing the tax return for delivery drivers which tax forms are relevant.  Also, find out what delivery drivers can claim on taxes. Which tax forms are relevant for delivery drivers?  While...
5 min read
A Complete Guide to Tax Return For Delivery Drivers
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Ines Zemelman, EA
• 25.11.21
8 Tax Deductions for Owner Operator Truck Drivers That You Can Use
Truck driving comes with a considerable amount of expense — from fueling up to eating. Income Tax season is the time to get some income tax breaks and some of that money back by claiming tax deductions for owner operator truck drivers. Consequently, you will end up paying less tax because your adjusted gross income and taxable income will be...
5 min read
8 Tax Deductions for Owner Operator Truck Drivers That You Can Use
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Ines Zemelman, EA
• 15.10.21
A Roadmap to Truck Driver Owner-Operator Quarterly Estimated Taxes
Penalties Can Be Avoided Owner-operator truck drivers are expected to pay estimated quarterly taxes throughout the year, not just on the April 15th due date of Form 1040. But business owners avoid tax penalties on quarterly estimated tax payments by filing accurate and on-time quarterly estimated taxes. Employees have the added tax benefit...
5 min read
A Roadmap to Truck Driver Owner-Operator Quarterly Estimated Taxes
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Ines Zemelman, EA
• 14.10.21
Complete Guide to Independent Contractor Truck Driver Taxes
There are many business expenses that truckers incur and the IRS offers income tax deductions to independent contractor truck drivers. However, employer-paid expenses cannot be deducted. It happens all too often that truckers who convert from being employed to owner-operator trucking companies are not as knowledgeable about the tax laws that...
5 min read
Complete Guide to Independent Contractor Truck Driver Taxes
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Ines Zemelman, EA
• 06.10.21
Company Truck Driver vs Owner Operator Taxes
Company truck driver tax deductions are a terrific method to save money on taxes. The money you spend on the road for work could boost the amount of money you get back from taxes. As a result, keep meticulous records of any job-related expenses. Staying organized could help you save a lot of money on your taxes. Remember to see a tax...
5 min read
Company Truck Driver vs Owner Operator Taxes
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Ines Zemelman, EA
• 27.09.21
Truck Driver Advice: 1099 or W2?
Do you want to become a trucker? If yes then you need to know how to choose between 1099 vs “W-2”? In this article, you will find out about “W-2” employees, how it is different from those who use the 1099 form to file their tax return and the tax benefits for truck drivers. 1. What is a “W-2” Employee? The “W-2 employee” is a truck driver...
5 min read
Truck Driver Advice: 1099 or W2?
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Ines Zemelman, EA
• 07.09.21
How to Lower Tax Bill: Tax Moves for Truckers
Are you a trucker, contemplating how to lower your tax bill? In this article, you will learn about truckers’ tax deductions, choice of business structure, and other ways to save money on your taxes. Operate your trucking business without surprises and have your tax mind at ease. Why should you estimate your tax quarterly? Did you know that...
5 min read
How to Lower Tax Bill: Tax Moves for Truckers
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Ines Zemelman, EA
• 01.09.21
A Complete Guide to Truck Driver Tax Deductions
Filing taxes can be stressful: there are so many aspects of the tax law one should know to do everything right. In this article we are going to talk about truck driver tax deductions: how much can a truck driver claim on taxes, what is the difference between an owner operator and a company driver in terms of their duties and deductible expenses,...
5 min read
A Complete Guide to Truck Driver Tax Deductions