Maximize Your Trucker Tax Savings for the Long Haul

Only pay the exact amount you owe in taxes to the IRS when 1-800Accountant handles tax preparation and filing for your trucking business. A critical aspect of doing your business taxes involves identifying every deduction you’re entitled to, which may include food and travel, phone and internet usage, truck maintenance and repairs, trucking association dues, and other write-offs relevant to your industry. We also examine your current business structure to make sure your trucking operations are structurally optimized for maximum tax savings.

If your truck weighs 55,000 pounds (2494.758 kilograms) or more and is operated on a public highway, you will be responsible for preparing and filing IRS Form 2290, the heavy highway vehicle use tax, also known as HVUT. While most truck operators must file IRS Form 2290, not every trucker must pay this tax. Truckers who expect to use their vehicles for 5,000 miles or less (7,500 for farm trucks) for a specific period are exempt from paying this tax. Our tax experts will ensure your IRS Form 2290 filings are accurate and complete.

When you let 1-800Accountant handle the complex financial needs related to your trucking business, we will match you with an expert tax advisor who is experienced in catering to the unique requirements of your industry and state.Your trucking tax advisor will ensure your taxes are prepared, and every relevant deduction is taken to reduce your tax liability. Your tax advisor will also offer tips and insights that promote efficiency and eliminate headaches, such as opening a business bank account and ensuring your business is formed optimally.