Guides and updates on trucker taxes, Form 2290 HVUT, IFTA filings, business expenses, and financial tips for owner-operators.
What’s new for your 2026 return The IRS raised the standard mileage rate to 72.5¢ per business mile beginning January 1, 2026. If you want the option to use the standard mileage method in future years, you must choose it…
Why a post for ShiftKey workers matters to truckers A viral Facebook post offering “tax guidance for ShiftKey workers” — and clearing up confusion about when the IRS will open tax season — is a timely reminder for anyone earning…
Why NAICS 4842 matters right now Whether you’re pulling a lowboy, running reefers, or moving equipment, the NAICS code you pick shows up in government databases, loan applications, and bid portals—and it can affect your eligibility for small-business programs and…
Why this switch is on drivers’ minds Conversations across driver forums show more contractors weighing a move to W‑2. In a Jan. 16 thread on TruckersReport, drivers discussed the practical fallout—especially taxes—when leaving a 1099 arrangement for a company-driver seat.…
Why more drivers are moving from 1099 to company jobs Across the industry, drivers and carriers are reassessing 1099 contractor arrangements in light of recent federal attention on misclassification. The U.S. Department of Labor’s final rule, effective March 11, 2024,…
What’s on the board right now Seasonal tax jobs around San Jose are popping ahead of filing season, and the pay spread is wide. Current listings on a major job board range from roughly $16–$21 per hour for entry-level tax…
What’s new and why it matters now A new entrant in the AI-for-tax arena, TaxGPT, is pitching itself as a 24/7 copilot for tax professionals and businesses, with features that resonate for owner-operators and fleet finance teams. The platform promises…
One-stop, free tax help on four Wednesdays in February The New York Public Library’s Ottendorfer branch in Manhattan will host free, in‑person income tax preparation with Single Stop on Wednesday, February 4, 11, 18 and 25, 2026, from 11 a.m.…
What changed and when comments are due The IRS has opened a public comment window on the paperwork burden tied to employer “employee benefit excise tax” filings—most notably Form 5330 (Return of Excise Taxes Related to Employee Benefit Plans). In…
Why this matters to owner-operators and fleets Plenty of trucking businesses set up LLCs and a growing number of owners hold some crypto on the side—whether that’s Bitcoin you’ve tucked away or loyalty tokens earned through a freight platform. Marketers…