IRS Form 2290 and red pen on a desk, indicating the importance of adhering to the filing deadline for heavy highway vehicle use tax.

IRS Form 2290 Deadlines: Everything You Need to Know for the 2024–2025 Tax Year

Form 2290, the Heavy Highway Vehicle Use Tax Return, is mandatory for vehicles with a gross weight of 55,000 pounds ... Read More


Top 5 Mistakes to Avoid When Filing Your HVUT

The Importance of IRS Form 2290 for Truckers: A Simplified Guide

Truckers are the backbone of the American economy, keeping goods moving across the country and ensuring that businesses and consumers ... Read More


Managing Trucking Expenses

Best Practices for Managing Trucking Expenses Throughout the Year

The current economic climate  is characterized by fluctuating fuel prices, increased insurance premiums, and heightened competition. With thin margins defining ... Read More


Tax Filing Errors for Truckers

How to Avoid Common Tax Filing Errors for Truckers

Professional truck drivers face a complicated financial environment that involves a range of expenses, deductions, and income streams that are ... Read More


IFTA Tax

Exploring the IFTA Tax: What it is, Filing Process, and Rates

IFTA tax stands for International Fuel Tax Agreement. But what is this tax and why do commercial fleets need to ... Read More


Taxes for Truckers

Understanding Excise Taxes in the Trucking Industry

It’s hard to overstate the importance of understanding taxes for truckers. Truck drivers play a crucial role in keeping the ... Read More


trucking tax laws

Navigating State-by-State Trucking Tax Laws

Truck drivers, whether operating as independent contractors or employed by a trucking company, have unique tax considerations that must be ... Read More


Top 5 Mistakes to Avoid When Filing Your HVUT

Top 5 Mistakes to Avoid When Filing Your HVUT

When filing the Heavy Vehicle Use Tax (HVUT) Form 2290, there are several common errors that taxpayers might encounter. These ... Read More


Per Diem Tax Deductions

Understanding Per Diem Tax Deductions for Truck Drivers

The Internal Revenue Service (IRS) allows truck drivers to claim a per diem deduction to cover the cost of meals ... Read More