Aside from all of those deductions that you need to keep track of, and their non-deductible counterparts (i.e. you can only deduct meals that are not in your local area, even if you’re on the clock). If you moonlight as an actuary or auditor, this might sound like simple work, but filing self-employment taxes can be a convoluted nightmare if you’re not a tax professional. Our CPA firm offers accounting solutions for all types of logistics, distribution, and warehousing businesses. Proactive tax strategies are critical to minimizing taxes and maximizing profits for transportation businesses. If there is a way your business could be saving money, a CPA can help you find it.

How can these benefits help your company?

You want a CPA firm or tax preparer who will be there to answer your questions or assist you at any time during the year. You may submit a summary of your expenses using our online form or you may choose to include it in your monthly expense envelopes that you provide to us. Schedule a consultation with a member of the Trucker CFO Team and ask us any questions you want.We’re here to help to you with the business of trucking. You’ll be impressed with the personal care and attention you receive from us.

A Roadmap To Reach Your Goals

Our expert CPAs will identify pertinent deductions, advise you on the heavy highway use tax, help you track mileage, and other business expenses and much more. “Simply the best and highly competent at tax, irs, and accounting issues.” Let us provide you with a free accounting and tax check-up to uncover your opportunities in numbers. If you’re financially successful or expect to become so, taxes are or will become one of your biggest expenses—and most… For example, when reimbursement forms are filled out, you might not notice discrepancies in fuel rates. But with the help of a CPA, you can receive an in-depth analysis to make sure you aren’t dealing with fuel theft.

Business & Tax Solutions for Transportation

• ”, the answer is probably no, most people won’t need a CPA for trucking, but let’s look at some of the 10+ line items you can write off as a trucker.
• From our Atlanta office and our New Orleans office, we provide trucking accounting and consulting services throughout the entire region.
• Tax returns for the trucking industry are among the most complicated, so allow a trucking specialist to apply the tax code.
• The effectiveness of your financial management depends on having a solid working connection.

By collecting your financial paperwork and handing it over to the professionals, you can focus more on your business. The primary purpose of this firm is to create and sustain an environment where people and clients can thrive. To accomplish this, they work everyday to cultivate truckers bookkeeping service and maintain a firm that is delivering value-added solutions and exceeding client expectations. Check this page from time to time for specific employment opportunities for Certified Public Accountants, Tax Attorneys, small business accountants, and administrative staff.

• Section 179 typically applies to cars, SUVs, and trucks used for business purposes at least 50% of the time.
• You might notice incongruent fuel rates that can happen because of the market, but with the forensic account, you might find out that you’re dealing with fuel theft.
• As a Trucking Specialist, Emil Estafanous, CPA provides you with a reliable and accurate one-stop source for all your accounting, bookkeeping, tax, payroll and financial needs.
• Having the up-to-date financial records and analysis you need to make data-informed decisions puts you back on the road to success.
• Transportation corporations need specialized accounting services for trucking companies to help them navigate the challenges and opportunities of the logistics industry.

Un-enrolled preparers often have limited training and are allowed limited representation on behalf of their clients in IRS proceedings. Furthermore, without regulation, it may be difficult to check their background history. Tax returns for the trucking industry are among the most complicated, so allow a trucking specialist to apply the tax code. https://www.bookstime.com/ If your accountant or tax preparer is not fully aware of how to record and report the many deductions available in the trucking industry, you could be paying thousands of extra dollars in tax. They take a personal approach in working with clients’ because they understand how devastating it is to be the target of enforced collection action.

Emil Estafanous, CPA has accumulated over 25 years of accounting experience and can help you take advantage of the many deductions available to the trucking industry. A CPA professional working with the transportation industry ought to be fully immersed in the arena. There is no substitute for industry-specific knowledge and understanding. If you own a trucking business, it is recommended you hire a tax preparer that can handle complex tax issues and understands trucking taxes.

We work with a variety of businesses from logistics to maritime to trucking and taxi services. We do your taxes for you by finding every deduction you’re entitled to and ensuring your trucking business is structurally optimized. DMJPS professional consulting services can help your business succeed despite turbulent economic times. We provide everything you need through our comprehensive menu of professional advisory services. However, when you hire a professional, you can verify their credentials and history by checking with the IRS Office of Enrolment for Enrolled Agents (EA’s) and Certified Public Accountants (CPAs).

• Over time, this causes issues with cash flow, wasted spending, and inability to invest in upgrades.
• CPAs are all about the numbers, if there are ways to save your business money, CPAs will find them.
• When you work with us, we help you establish a strong foundation for your business.
• With years of dedication to the trucking industry, this firm provides an invaluable resource for your success.
• Trucking CPAs are also helpful in monitoring regulatory compliance to make your life easier.
• Un-enrolled preparers often have limited training and are allowed limited representation on behalf of their clients in IRS proceedings.