Tax Preparation for Truck Drivers
There are tax attorneys and preparers who focus on preparing tax returns for truckers. It is a specialty tax area. Truckers need experienced tax pros. This is one of the first questions you should ask any prospective tax advisor before hiring them. An experienced tax pro can limit audit exposure and tax liability.
How Much Taxes Do Truck Drivers Pay?
A lot of taxes are paid by truck drivers. This covers payroll or self-employment taxes, excise taxes, income taxes, and other taxes. Thankfully, truck drivers may be able to drastically reduce their tax costs with some careful tax planning. To learn more about truck drivers’ tax laws, continue reading.
Truck Industries
Tax relief is available to truck drivers who owe back taxes in the form of installment payments, offers in settlement, penalty abatement, or other methods. Our area of expertise is serving owner-operators and other trucking industry professionals.