Guides and updates on trucker taxes, Form 2290 HVUT, IFTA filings, business expenses, and financial tips for owner-operators.
Why this matters for carhaul O/Os Owner-operators looking to capitalize on resilient vehicle-movement demand heading into 2026 are seeing a steady stream of listings from United Road, a major player in North American carhaul. The company highlights nationwide opportunities for…
Why this Midwest carrier keeps showing up on drivers’ shortlists Founded in 1987 by Ken Ackerman, K&B Transportation grew from a 25-tractor meat-haul operation into a Nebraska-based refrigerated carrier with more than 2,000 pieces of equipment and a footprint centered…
What’s changing for Colorado fleets on January 1, 2026 Colorado’s Family and Medical Leave Insurance (FAMLI) program will expand benefits and tweak funding in 2026, with two headline changes for employers: (1) up to 12 additional weeks of paid leave…
Why this matters now A new livestream titled “Trucking & Taxes, IRS debt solutions” put a timely spotlight on owner-operators and small fleets navigating back taxes, penalties and cash flow at year-end. With 2025 mileage and per diem figures set,…
What a K‑1 from your S corporation actually means If you operate under an S corporation, Schedule K‑1 reports each shareholder’s share of the company’s income, deductions, credits, and other items. That income passes through to your personal return whether…
What your S corp K‑1 actually tells you For many owner-operators and small carriers running as S corporations, Schedule K‑1 from Form 1120‑S is the roadmap of what flows onto your personal return. The K‑1 reports your share of the…
Short answer: Yes—business payments on Cash App can be reported to the IRS If you use Cash App to accept payments for loads, detention, lumpers, or other business services, those transactions may be reported to the IRS on Form 1099‑K.…
Why this matters now Colorado’s Department of Revenue has refreshed its Individual Income Tax Glossary, clarifying how residency, apportionment, withholding, credits, and penalties work for 2025 returns. For owner-operators and fleet managers with drivers crossing state lines or operating Colorado…
What changed — and why it matters to trucking The IRS issued Revenue Ruling 2025-4 on January 15, 2025, clarifying how federal income and employment taxes apply to state paid family and medical leave (PFML) programs. In response, Massachusetts’ Department…
Why this matters to trucking When severe weather or other disasters shut down lanes, depots, and customers, the financial aftershocks often hit small carriers and owner-operators first. The National Taxpayer Advocate (NTA) page at the Taxpayer Advocate Service (TAS) highlights…
