Business Of Trucking With John Turner CPA

Unless you filed an extension with the IRS, many people put thoughts about taxes off into the distance once the calendar flips from April to May. In this episode of the Business of Trucking, Certified Public Accountant John Turner continues his efforts to emphasize the importance of developing a tax planning strategy that you can use throughout the year. As John shares with our listeners, waiting until later in the year or putting tax planning off until tax time can prove to be quite costly. As you will hear, John discusses a number of proven tax planning strategies that can allow owner-operators and independent contractors to be positioned to lower what they will owe to the IRS at Tax Time. Those strategies include the pre-tax savings of contributions to retirement plans, equipment purchases and considerations with business entity structures. If You Are A Professional Driver Or You Own A Trucking Business, It’s Always Tax Season, And John Turner Is Ready To Help You!  John Turner’s Trucker Tax Organizer is designed to help owner-operators, independent contractors and company drivers work with the information you need to stay on top of your business while you are on the road. Stay organized throughout the year. Learn more on how John and his team can help you by clicking here. The post Owner-Ops & ICs: What Is Your Tax Plan For The 2025 Fiscal Year? appeared first on PodWheels.

While this episode of the podcast notes the close of the April tax filing deadline and looks back on another tax season, Certified Public Accountant John Turner reminds listeners about the value of tax planning. John notes that staying on top of your business throughout the year with a tax plan can help to ease the stress when the tax filing deadline arrives. Also, in this episode, John highlights the discovery of unexpected tax liabilities for taxpayers as well as the need for small business owners to utilize proactive bookkeeping. The discussion also touches on the human element of tax preparation, noting how communication between a tax preparer and their clients can help in avoiding financial surprises. Looking at the 2025 fiscal year, John highlights some strategies for tax savings, including the benefits of S-corporations and reasonable compensation. If You Are A Professional Driver Or You Own A Trucking Business, It’s Always Tax Season, And John Turner Is Ready To Help You!  John Turner’s Trucker Tax Organizer is designed to help owner-operators, independent contractors and company drivers work with the information you need to stay on top of your business while you are on the road. Stay organized throughout the year. Learn more on how John and his team can help you by clicking here. The post It’s Never Too Early To Start Your Tax Planning For This Fiscal Year appeared first on PodWheels.

With the clock ticking down toward the April 15th deadline for tax filings, Certified Public Accountant John Turner uses this episode of the podcast to review an important business operation deduction that owner-operators, independent contractors and owners of small trucking companies often utilize at tax time. As you will hear, John will be talking about the key considerations regarding the home office deduction. You will also hear John cover the regulations when providing financial gifts to others, and John spends some time discussing per diem deductions. If You Are A Professional Driver Or You Own A Trucking Business, It’s Always Tax Season, And John Turner Is Ready To Help You!  John Turner’s Trucker Tax Organizer is designed to help owner-operators, independent contractors and company drivers work with the information you need to stay on top of your business while you are on the road. Stay organized throughout the year. Learn more on how John and his team can help you by clicking here.. The post Taking Time To Review Key Deductions As The 2025 Tax Deadline Approaches appeared first on PodWheels.

In this episode of the podcast, Certified Public Accountant John Turner will be addressing the timely topic of tax scams that can often be found during tax season. As John shares with us, the IRS publishes a Dirty Dozen list of the top tax scams the agency has seen during the past year. As you will hear, these scams include email phishing, fake charities, improper claims for household employment taxes, bogus self-employment tax credits and ghost tax return preparers. In this episode, John also discusses the intricacies of fuel tax credits in the trucking industry. If You Are A Professional Driver Or You Own A Trucking Business, It’s Always Tax Season, And John Turner Is Ready To Help You!  John Turner’s Trucker Tax Organizer is designed to help owner-operators, independent contractors and company drivers work with the information you need to stay on top of your business while you are on the road. Stay organized throughout the year. Download the Trucker Tax Organizer today by clicking here. The post Know The Scams That Top The IRS ‘Dirty Dozen’ List appeared first on PodWheels.

In this episode of the podcast, Certified Public Accountant John Turner covers a number of timely topics, including a discussion of the recent IRS layoffs and the possible impact those layoffs might have on tax season in 2025. John also uses this episode of the podcast to note the many additional considerations for professional drivers when it comes to filing your taxes. As you’ll hear, this is especially true for owner-operators and independent contractors who can truly benefit from utilizing a tax professional who understands the trucking industry. If You Are A Professional Driver Or You Own A Trucking Business, It’s Always Tax Season, And John Turner Is Ready To Help You!  John Turner’s Trucker Tax Organizer is designed to help owner-operators, independent contractors and company drivers work with the information you need to stay on top of your business while you are on the road. Stay organized throughout the year. Download the Trucker Tax Organizer today by clicking here. The post Will IRS Staffing Reductions Impact The 2025 Tax Season? appeared first on PodWheels.

This edition of the podcast will feature Certified Public Accountant John Turner providing insights on calculating the home office deduction for small business owners, offering insights that can be helpful for owner-operators, independent contractors and fleet owners in trucking. We will also hear John share insights into why tax planning is vital beyond simply filing returns, and how CPAs represent clients to the IRS, which helps in reducing the stress of an audit. And when it comes to audit situations, John explains the importance of having proper representation and why you should avoid attempting self-representation. If You Are A Professional Driver Or You Own A Trucking Business, It’s Always Tax Season, And John Turner Is Ready To Help You!  John Turner’s Trucker Tax Organizer is designed to help owner-operators, independent contractors and company drivers work with the information you need to stay on top of your business while you are on the road. Stay organized throughout the year. Download the Trucker Tax Organizer today by clicking here. The post Insights On Working With Home Office Deductions appeared first on PodWheels.

In this episode of the podcast, Certified Public Accountant John Turner explores the concept of how your financial health can impact other aspects of your life. Also, with tax season approaching, John explains the value of proper tax planning over simply filing tax returns, and how his firm offers comprehensive services to help professional drivers with each person’s individual tax situation. In addition, John covers the role of Certified Public Accountants in representing clients before the IRS, the steps involved in mitigating stress related to financial matters and the significance of maintaining comprehensive records to prepare for potential audits. If You Are A Professional Driver Or You Own A Trucking Business, It’s Always Tax Season, And John Turner Is Ready To Help You!  John Turner’s Trucker Tax Organizer is designed to help owner-operators, independent contractors and company drivers work with the information you need to stay on top of your business while you are on the road. Stay organized throughout the year. Download the Trucker Tax Organizer today by clicking here. The post What Is Your Plan For Financial Health In 2025? appeared first on PodWheels.

In our opening episode of 2025, Certified Public Accountant John Turner will be comparing the expertise that is available from a professional who specializes in tax planning vs. a service that is limited to tax preparation. As you’ll hear, John compares the choice of finding an experienced tax planner vs. a tax preparer to choosing between an ophthalmologist and an optometrist. John also emphasizes the importance of tax planning to ensure taxpayers not only maximize their wealth, but this choice can also relieve stress and improve your overall health as well as your relationships. If You Are A Professional Driver Or You Own A Trucking Business, It’s Always Tax Season, And John Turner Is Ready To Help You!  John Turner’s Trucker Tax Organizer is designed to help owner-operators, independent contractors and company drivers work with the information you need to stay on top of your business while you are on the road. Stay organized throughout the year. Download the Trucker Tax Organizer today by clicking here. The post Why It’s Important To Utilize A Tax Planner Vs. A Tax Preparer appeared first on PodWheels.

With this year-end episode of the podcast, Certified Public Accountant John Turner will be sharing a few key year-end tax-saving moves that can benefit owner-operators, independent contractors and fleet owners. As you will hear, John emphasizes the importance of maximizing retirement contributions, prepaying expenses and managing income to optimize tax deductions. John will also look at different methods for calculating home office deductions and he will highlight the benefits of making charitable contributions before year-end. Additionally, the episode covers practical tips for S Corp shareholders on optimizing shareholder compensation. If You Are A Professional Driver Or You Own A Trucking Business, It’s Always Tax Season, And John Turner Is Ready To Help You!  John Turner’s Trucker Tax Organizer is designed to help owner-operators, independent contractors and company drivers work with the information you need to stay on top of your business while you are on the road. Stay organized throughout the year. Download the Trucker Tax Organizer today by clicking here. The post Discussing Tax-Saving Moves You Can Make Before January 1, 2025 appeared first on PodWheels.

During this episode, Certified Public Accountant John Turner will be reviewing a list of challenges encountered by taxpayers that the IRS has put together. John will be focusing his observations on IRS customer service issues, preparer oversight with returns, identity theft and the complex appeals process utilized by the IRS. John will also discuss the importance of choosing qualified and knowledgeable tax preparers who understand the trucking industry. If You Are A Professional Driver Or You Own A Trucking Business, It’s Always Tax Season, And John Turner Is Ready To Help You!  John Turner’s Trucker Tax Organizer is designed to help owner-operators, independent contractors and company drivers work with the information you need to stay on top of your business while you are on the road. Stay organized throughout the year. Download the Trucker Tax Organizer today by clicking here. The post Reviewing The IRS List of Challenges Encountered By Taxpayers appeared first on PodWheels.

This edition of the podcast features Certified Public Accountant John Turner discussing a variety of timely topics centered around preparing for tax season. As you will hear, John begins the conversation by noting how QuickBooks online can be a strong tool for professional drivers, especially while you are out on the road. John also will spend some time talking about the value of tax planning as well as the importance of having someone in your corner who is staying up to date on the changes in tax law. If You Are A Professional Driver Or You Own A Trucking Business, It’s Always Tax Season, And John Turner Is Ready To Help You!  John Turner’s Trucker Tax Organizer is designed to help owner-operators, independent contractors and company drivers work with the information you need to stay on top of your business while you are on the road. Stay organized throughout the year. Download the Trucker Tax Organizer today by clicking here. The post Discussing QuickBooks Online And Other Tax Season Preparations appeared first on PodWheels.

This edition of the podcast will feature Certified Public Accountant John Turner discussing why it’s so critical that professional drivers work to maintain excellent records related to your financial transactions while you are on the road. As you will hear, accurate recordkeeping is especially important for owner-operators and independent contractors who are behind the wheel. In this episode of the podcast, John outlines the types of records truck drivers need to maintain, such as income and expense records. He also looks at available online tools, including QuickBooks. If You Are A Professional Driver Or You Own A Trucking Business, It’s Always Tax Season, And John Turner Is Ready To Help You!  John Turner’s Trucker Tax Organizer is designed to help owner-operators, independent contractors and company drivers work with the information you need to stay on top of your business while you are on the road. Stay organized throughout the year. Download the Trucker Tax Organizer today by clicking here. The post How Strong Is Your Recordkeeping As Tax Season Approaches? appeared first on PodWheels.

This edition of the podcast will feature Certified Public Accountant John Turner talking about the importance of effective bookkeeping and tax strategies for small business owners who are part of the trucking industry. As you will hear, John will highlight the challenges faced by owner-operators in maintaining accurate records and he discusses the benefits of using modern tools for seamless financial management. John also spends some time touching on the advantages and complexities of operating as an S Corporation vs. operating as a Schedule C sole proprietor. If You Are A Professional Driver Or You Own A Trucking Business, It’s Always Tax Season, And John Turner Is Ready To Help You!  John Turner’s Trucker Tax Organizer is designed to help owner-operators, independent contractors and company drivers work with the information you need to stay on top of your business while you are on the road. Stay organized throughout the year. Download the Trucker Tax Organizer today by clicking here. The post Importance Of Bookkeeping And Maintaining Good Records appeared first on PodWheels.

In this edition of the Business of Trucking, Certified Public Accountant John Turner will be sharing some timely information regarding how the IRS works with individuals who have been impacted by natural disasters. As John notes during this episode, the recent outbreak of hurricanes prompted the IRS to issue some new guidance when it comes to filing deadlines for taxes. John also talks about the options for people who have lost their records due to a natural disaster. If You Are A Professional Driver Or You Own A Trucking Business, It’s Always Tax Season, And John Turner Is Ready To Help You!  John Turner’s Trucker Tax Organizer is designed to help owner-operators, independent contractors and company drivers work with the information you need to stay on top of your business while you are on the road. Stay organized throughout the year. Download the Trucker Tax Organizer today by clicking here. The post IRS Addresses Deadlines For Taxpayers Impacted By Recent Natural Disasters   appeared first on PodWheels.

This edition of The Business of Trucking will feature Certified Public Accountant John Turner reviewing the recent updates that the IRS has made to the per diem allowance, which is a key deduction for owner-operators and independent contractors as they run their business operations. As you will hear, John provides the details on the updated per diem rate, the effective date of the new rate and he shares some reminders about how to work with partial days out on the road. John also spends some time in this episode discussing recordkeeping, including the importance of properly managing receipts and maintaining a bank account for business. If You Are A Professional Driver Or You Own A Trucking Business, It’s Always Tax Season, And John Turner Is Ready To Help You!  John Turner’s Trucker Tax Organizer is designed to help owner-operators, independent contractors and company drivers work with the information you need to stay on top of your business while you are on the road. Stay organized throughout the year. Download the Trucker Tax Organizer today by clicking here. The post Discussing Updates To The Per Diem Rate & The Importance Of Good Recordkeeping appeared first on PodWheels.

This edition of the podcast will feature Certified Public Accountant John Turner sharing what he’s learned about the new Business Tax Account option from the IRS. John will be walking us through the key features and benefits of the Business Tax Account, also known as the BTA. In addition, John touches on common issues faced by businesses, especially in the trucking industry, including the importance of maintaining good records. If You Are A Professional Driver Or You Own A Trucking Business, It’s Always Tax Season, And John Turner Is Ready To Help You!  John Turner’s Trucker Tax Organizer is designed to help owner-operators, independent contractors and company drivers work with the information you need to stay on top of your business while you are on the road. Stay organized throughout the year. Download the Trucker Tax Organizer today by clicking here. The post Understanding The New Business Tax Account From The IRS appeared first on PodWheels.

In this episode of the podcast, Certified Public Accountant John Turner discusses the procedures and steps to take when you have received an audit notice from the IRS. As you will hear, John emphasizes the importance of remaining calm, understanding the notice and seeking professional help from a CPA, enrolled agent or attorney. John explains the different types of audits and highlights the necessity of gathering all relevant documentation and receipts. John also shares insights into dealing with IRS officers, understanding your rights, and how a tax professional can assist in ensuring the audit process is handled correctly and in your favor. If you have received an audit letter notice from the IRS, this is a must-listen episode of the Business of Trucking Podcast. If You Are A Professional Driver Or You Own A Trucking Business, It’s Always Tax Season, And John Turner Is Ready To Help You!  John Turner’s Trucker Tax Organizer is designed to help owner-operators, independent contractors and company drivers work with the information you need to stay on top of your business while you are on the road. Stay organized throughout the year. Download the Trucker Tax Organizer today by clicking here. The post Initial Steps To Take After Receiving An Audit Notice From The IRS appeared first on PodWheels.

In this edition of the podcast, Certified Public Accountant John Turner will be talking with Dave Nemo about many of the notices that the IRS sends out through the mail. The notices that John will be discussing with Dave cover a wide range of concerns overseen by the IRS, including the following: Notices related to under-reported income, changes on the amount of estimated taxes, changes to your tax return and the balance due, overpayment on your taxes, reminder notices of unpaid balances and notices of the intent to levy and garnish. John will also discuss the first steps you should be taking if you receive a letter from the IRS, including how to confirm that the letter was sent by the IRS. If You Are A Professional Driver Or You Own A Trucking Business, It’s Always Tax Season, And John Turner Is Ready To Help You!  John Turner’s Trucker Tax Organizer is designed to help owner-operators, independent contractors and company drivers work with the information you need to stay on top of your business while you are on the road. Stay organized throughout the year. Download the Trucker Tax Organizer today by clicking here. The post Have You Gotten Any Of These Notices From The IRS? appeared first on PodWheels.

In this episode of the Business of Trucking, Certified Public Accountant John Turner will be talking to us about the Qualified Business Income Deduction, which is known as the QBI. As you’ll hear, John will be going into great detail describing the QBI and how it can come into play for professional drivers and business owners in trucking, including how it can be applied as a deduction for business owners who have pass-through entities. John also explains how the QBI can come into play alongside standard deductions as well as how taxpayers with Schedule C filings as part of their 1040 returns may be able to use the QBI. If You Are A Professional Driver Or You Own A Trucking Business, It’s Always Tax Season, And John Turner Is Ready To Help You!  John Turner’s Trucker Tax Organizer is designed to help owner-operators, independent contractors and company drivers work with the information you need to stay on top of your business while you are on the road. Stay organized throughout the year. Download the Trucker Tax Organizer today by clicking here. The post Learning The Facts About The Qualified Business Income Deduction appeared first on PodWheels.

In this Business of Trucking segment, Certified Public Accountant John Turner will be discussing the Beneficial Ownership Information Report, or BOI Report. As you will hear, the BOI Report is part of the Corporate Transparency Act, which took effect on January 1st of 2024. In this episode, John will tell us which types of business entities are required to file a BOI Report, and John will also discuss the penalties, which include significant fines and jail time, for business owners who fail to file their BOI Report. If you are an owner-operator or small fleet owner with an LLC, this is a must-listen episode of the Business of Trucking Podcast. If You Are A Professional Driver Or You Own A Trucking Business, It’s Always Tax Season, And John Turner Is Ready To Help You!  John Turner’s Trucker Tax Organizer is designed to help owner-operators, independent contractors and company drivers work with the information you need to stay on top of your business while you are on the road. Stay organized throughout the year. Download the Trucker Tax Organizer today by clicking here. The post Delivering The Facts To Trucking Business Owners On The Beneficial Ownership Information Report appeared first on PodWheels.

In this episode of the podcast, Certified Public Accountant John Turner will be noting the various business entity structures that are most commonly used in the trucking industry. Those business entity structures include Sole Proprietorships, LLCs, Multi-Member LLCs, Partnerships, C-Corps and S-Corps. Then, as you will hear, John will then turn his focus on the Reasonable Compensation component of the S-Corp Business Entity. If you are an owner-operator or you own a small fleet, this episode of the Business of Trucking is filled with valuable information. If You Are A Professional Driver Or You Own A Trucking Business, It’s Always Tax Season, And John Turner Is Ready To Help You!  John Turner’s Trucker Tax Organizer is designed to help owner-operators, independent contractors and company drivers work with the information you need to stay on top of your business while you are on the road. Stay organized throughout the year. Download the Trucker Tax Organizer today by clicking here. The post Discussing Business Entity Options & Reasonable Compensation Under The S-Corp Structure appeared first on PodWheels.

During this episode of the podcast, John Turner CPA addresses revisits the topic of tax planning on two different fronts. You’ll hear insights on the importance of monitoring the withholding categories that are part of a company driver’s paycheck. You’ll also hear John discuss the Section 105 Medical Reimbursement Plan, which presents tax-saving opportunities to owner-operators and independent contractors within certain business structures. If You Are A Professional Driver Or You Own A Trucking Business, It’s Always Tax Season, And John Turner Is Ready To Help You!  John Turner’s Trucker Tax Organizer is designed to help owner-operators, independent contractors and company drivers work with the information you need to stay on top of your business while you are on the road. Stay organized throughout the year. Download the Trucker Tax Organizer today by clicking here. The post Tax Planning: How Withholding Can Impact A W-2 Employee’s Tax Liability appeared first on PodWheels.

With this episode, Certified Public Accountant John Turner discusses the latest round of letters that have been sent out by the IRS as part of the agency’s increased enforcement efforts. In addition to that topic, John will be talking about the value of bookkeeping and maintaining good, physical records. If You Are A Professional Driver Or You Own A Trucking Business, It’s Always Tax Season, And John Turner Is Ready To Help You!  John Turner’s Trucker Tax Organizer is designed to help owner-operators, independent contractors and company drivers work with the information you need to stay on top of your business while you are on the road. Stay organized throughout the year. Download the Trucker Tax Organizer today by clicking here. The post Do You Know What To Do After Receiving An IRS Letter? appeared first on PodWheels.

In this episode of the podcast, Certified Public Accountant John Turner places a spotlight on estimated taxes and why staying on top of estimated tax payments is extremely important for owner-operators and anyone working as a 1099 contractor. As you will hear, the deadline for the next quarterly estimated tax payment is coming up on June 15th. John also touches on the topics of late tax filings, falling behind on payments and penalties that the IRS can impose. John notes the value of working with a tax planning professional to build a plan that can keep you ahead of the game when it comes to meeting your obligations with tax filings and tax payments. If You Are A Professional Driver Or You Own A Trucking Business, It’s Always Tax Season, And John Turner Is Ready To Help You!  John Turner’s Trucker Tax Organizer is designed to help owner-operators, independent contractors and company drivers work with the information you need to stay on top of your business while you are on the road. Stay organized throughout the year. Download the Trucker Tax Organizer today by clicking here. The post Getting The Facts On Estimated Taxes & The June 15th Payment Deadline appeared first on PodWheels.

Certified Public Accountant John Turner puts the spotlight on the tax advantages that exist within sole proprietorships and he also runs through some of the options available for lowering your tax liability if you operate your business as an S-Corporation. As John shares with Dave Nemo in this Business of Trucking segment, this discussion is focused on tax planning considerations for owner-operators utilizing the sole proprietorship business entity or for those trucking entrepreneurs who have made the S-Corp election for their business. John brings up a number of key considerations related to Sole Props and S-Corps that can help drive savings to the bottom line of your business. If You Are A Professional Driver Or You Own A Trucking Business, It’s Always Tax Season, And John Turner Is Ready To Help You!  John Turner’s Trucker Tax Organizer is designed to help owner-operators, independent contractors and company drivers work with the information you need to stay on top of your business while you are on the road. Stay organized throughout the year. Download the Trucker Tax Organizer today by clicking here. The post Weighing Tax Implications Of Certain Business Entity Structures appeared first on PodWheels.

While the 2024 tax filing deadline for personal returns is in the books, Certified Public Accountant John Turner reminds listeners in this episode that there’s no time like the present to begin the process of examining your tax planning for this fiscal year. In a conversation with Dave Nemo that took place two days following the April tax filing deadline, John explains that there are numerous opportunities for owner-operators and trucking entrepreneurs to lower what they pay in taxes on an annual basis through the use of effective tax planning. While providing a high-level look at tax planning, John notes the difference between the C-Corp and S-Corp, highlighting some of the advantages of each entity structure. If You Are A Professional Driver Or You Own A Trucking Business, It’s Always Tax Season, And John Turner Is Ready To Help You!  John Turner’s Trucker Tax Organizer is designed to help owner-operators, independent contractors and company drivers work with the information you need to stay on top of your business while you are on the road. Stay organized throughout the year. Download the Trucker Tax Organizer today by clicking here. The post With The April Deadline In The Books, It’s Never Too Early To Begin Tax Planning appeared first on PodWheels.

In this episode of the podcast that was recorded just prior to this year’s tax filing deadline, Certified Public Accountant John Turner will be revisiting the importance of having someone in your corner who can go beyond just filing your return and actually help you with tax planning throughout the year while also understanding the trucking industry. Also, as this year’s tax filing deadline approaches, John will then shift gears to discuss electronic filing and staying aware to protect against identity theft. This part of the podcast also touches on audit notifications. If You Are A Professional Driver Or You Own A Trucking Business, It’s Always Tax Season, And John Turner Is Ready To Help You!  John Turner’s Trucker Tax Organizer is designed to help owner-operators, independent contractors and company drivers work with the information you need to stay on top of your business while you are on the road. Stay organized throughout the year. Download the Trucker Tax Organizer today by clicking here. The post Tax Deadline Countdown: Notes On Tax Planning & Helpful Tips On E-Filing appeared first on PodWheels.

In this episode of the podcast, Certified Public Accountant John Turner will be highlighting the importance of bookkeeping and how the electronic bookkeeping solutions he will be discussing can help professional drivers at tax time and throughout the year. As you will hear in this conversation with Dave Nemo, staying current on your bookkeeping can be particularly helpful to owner-operators and independent contractors with business planning and tax planning. If You Are A Professional Driver Or You Own A Trucking Business, It’s Always Tax Season, And John Turner Is Ready To Help You!  John Turner’s Trucker Tax Organizer is designed to help owner-operators, independent contractors and company drivers work with the information you need to stay on top of your business while you are on the road. Stay organized throughout the year. Download the Trucker Tax Organizer today by clicking here. The post Understanding the Value of Good Bookkeeping for Your Trucking Business appeared first on PodWheels.

In this episode, John Turner CPA will be covering two timely topics. As you’ll hear in the first portion of the podcast, John will be reviewing some important information and considerations related for anyone who needs to file an amended tax return for the 2020 tax year, which had provisions related to the COVID pandemic. John will then shift gears to offer his initial observations concerning the passage of the Tax Relief for American Families and Workers Act of 2024, which was recently signed into law. John takes a look at this new law from a trucking perspective, including how it could impact how owner-operators and trucking business owners will be able to work with depreciation on their equipment going forward. If You Are A Professional Driver Or You Own A Trucking Business, It’s Always Tax Season, And John Turner Is Ready To Help You!  John Turner’s Trucker Tax Organizer is designed to help owner-operators, independent contractors and company drivers work with the information you need to stay on top of your business while you are on the road. Stay organized throughout the year. Download the Trucker Tax Organizer today by clicking here. The post An Initial Look At New Tax Relief Law & Considerations For Trucking Professionals appeared first on PodWheels.

With this episode of the podcast, John Turner CPA covers a variety of topics, including some perspective on the Corporate Transparency Act and Beneficial Ownership Information Reporting. The main portion of the discussion in this episode focuses on anyone considering filing an extension for submitting your return to the IRS. As John notes, there are rules related to paying your tax liability by the original deadline for the tax return in order for that extension to be valid. As will hear, John goes into the key details and explains the costly consequences of what happens when you don’t pay what you owe to the IRS on time. If You Are A Professional Driver Or You Own A Trucking Business, It’s Always Tax Season, And John Turner Is Ready To Help You!  John Turner’s Trucker Tax Organizer is designed to help owner-operators, independent contractors and company drivers work with the information you need to stay on top of your business while you are on the road. Stay organized throughout the year. Download the Trucker Tax Organizer today by clicking here. The post Notes On Beneficial Ownership Information Reporting appeared first on PodWheels.

In this Business of Trucking segment, John Turner CPA will be talking with Dave Nemo about some questions that all professional drivers should consider when working with a tax preparer. First of all, just how well does your tax preparer know the business of trucking and the deductions that are specific to the industry? Also, can the tax service that you utilize work with you on creating a tax plan for you as a professional driver or business owner that extends beyond simply filing your return? As you’ll hear, John also discusses the consequences of what can happen if you choose the wrong tax preparation service. If You Are A Professional Driver Or You Own A Trucking Business, It’s Always Tax Season, And John Turner Is Ready To Help You!  John Turner’s Trucker Tax Organizer is designed to help owner-operators, independent contractors and company drivers work with the information you need to stay on top of your business while you are on the road. Stay organized throughout the year. Download the Trucker Tax Organizer today by clicking here. The post Does Your Tax Preparer Know The Trucking Industry? appeared first on PodWheels.

In this episode of the podcast, John Turner CPA dedicates the majority of his time with host Dave Nemo working to help those people who are still trying to gather the information that will be needed for filing a tax return before the April deadline. As part of that discussion, you will also hear details on the Trucker Tax Organizer that John and his team have developed for use by professional drivers. If You Are A Professional Driver Or You Own A Trucking Business, It’s Always Tax Season, And John Turner Is Ready To Help You!  John Turner’s Trucker Tax Organizer is designed to help owner-operators, independent contractors and company drivers work with the information you need to stay on top of your business while you are on the road. Stay organized throughout the year. Download the Trucker Tax Organizer today by clicking here. The post Information Organizing Tips As The Tax Deadline Approaches appeared first on PodWheels.

Do you think that you might need extra time to file your taxes this year? Did you know that an extension to file your taxes is not an extension to pay your taxes? In this Business of Trucking episode, John Turner CPA discusses the considerations that need to go into filing an extension on submitting your tax returns to the IRS. As John shares in this segment, those people who find themselves needing an extension to file their taxes need to keep in mind the IRS expects them to pay their taxes on time – regardless of filing an extension on the return. Michael Burns serves as the guest host on this edition of the podcast. If You Are A Professional Driver Or You Own A Trucking Business, It’s Always Tax Season, And John Turner Is Ready To Help You!  John Turner’s Trucker Tax Organizer is designed to help owner-operators, independent contractors and company drivers work with the information you need to stay on top of your business while you are on the road. Stay organized throughout the year. Download the Trucker Tax Organizer today by clicking here. The post Know The Facts When Considering A Tax Filing Extension appeared first on PodWheels.

There’s no question that the word audit is one no one wants to hear when it comes to your taxes. As John Turner CPA shares with Dave Nemo in this episode of the podcast, you can take part of the fear of being audited by collecting your documentation and keeping good records that you will use when filing out your tax returns. At the opening of this episode, John also talks with Dave about the Beneficial Ownership Information law that went into effect in January.  If You Are A Professional Driver Or You Own A Trucking Business, It’s Always Tax Season, And John Turner Is Ready To Help You!  John Turner’s Trucker Tax Organizer is designed to help owner-operators, independent contractors and company drivers work with the information you need to stay on top of your business while you are on the road. Stay organized throughout the year. Download the Trucker Tax Organizer today by clicking here. The post The Second Best Time To Prepare For A Tax Audit appeared first on PodWheels.

In this Business of Trucking segment, Dave Nemo talks with John Turner CPA about a very important question this time of year. How do you know if your tax preparer is qualified to handle and file your tax returns? As you will hear, John shares a few tips and key questions that you can ask to determine the qualifications of your tax preparer. John and Dave also discuss some aspects of tax planning during this episode, including a quick look at S-Corps and C-Corps. If You Are A Professional Driver Or You Own A Trucking Business, It’s Always Tax Season, And John Turner Is Ready To Help You!  John Turner’s Trucker Tax Organizer is designed to help owner-operators, independent contractors and company drivers work with the information you need to stay on top of your business while you are on the road. Stay organized throughout the year. Download the Trucker Tax Organizer today by clicking here. The post How To Check The Credentials Of Your Tax Preparer appeared first on PodWheels.

The reasons for filing and paying your taxes on time are pretty obvious for most Americans. However, as John Turner CPA discusses with Dave Nemo in this Business Of Trucking episode, many people land in situations where they may not have the money to pay what they owe to the IRS. As you will hear John share with Dave, the consequences, including financial penalties, can really mount up if you fall behind on your tax filings and paying your taxes. If You Are A Professional Driver Or You Own A Trucking Business, It’s Always Tax Season, And John Turner Is Ready To Help You!  John Turner’s Trucker Tax Organizer is designed to help owner-operators, independent contractors and company drivers work with the information you need to stay on top of your business while you are on the road. Stay organized throughout the year. Download the Trucker Tax Organizer today by clicking here. The post Importance Of Filing & Paying Your Taxes On Time appeared first on PodWheels.

How do you deal with challenging economic cycles? In this episode of the Business of Trucking, John Turner CPA will be talking with Dave Nemo about a few of the important steps that professional drivers can take to be prepared for challenging economic times. As part of the discussion, John notes some approaches and strategies that you can take to become more efficient and to make the most of your purchases. If You Are A Professional Driver Or You Own A Trucking Business, It’s Always Tax Season, And John Turner Is Ready To Help You!  John Turner’s Trucker Tax Organizer is designed to help owner-operators, independent contractors and company drivers work with the information you need to stay on top of your business while you are on the road. Stay organized throughout the year. Download the Trucker Tax Organizer today by clicking here. The post Thoughts On Navigating Challenging Economic Times appeared first on PodWheels.

This episode of the Business of Trucking will be especially valuable for those professional drivers who also operating your own business while you are the road. John Turner CPA will be talking to Dave Nemo about the value placing a focus on expense tracking. John will be sharing why it’s important that professional drivers make every effort keep your business expenses separate from your personal expenses. If You Are A Professional Driver Or You Own A Trucking Business, It’s Always Tax Season, And John Turner Is Ready To Help You!  John Turner’s Trucker Tax Organizer is designed to help owner-operators, independent contractors and company drivers work with the information you need to stay on top of your business while you are on the road. Stay organized throughout the year. Download the Trucker Tax Organizer today by clicking here. The post The Value of Separating Your Expense Tracking appeared first on PodWheels.

Are you ready when life throws you a curve? Do you have a fallback plan for those just-in-case situations? In the second episode of our series, John Turner CPA talks with Dave Nemo about the importance of developing and maintaining an emergency reserve fund. As John shares, the ability to have this critical base properly covered will assist to best position you and your business for life’s bumps in the road. If You Are A Professional Driver Or You Own A Trucking Business, It’s Always Tax Season, And John Turner Is Ready To Help You!  John Turner’s Trucker Tax Organizer is designed to help owner-operators, independent contractors and company drivers work with the information you need to stay on top of your business while you are on the road. Stay organized throughout the year. Download the Trucker Tax Organizer today by clicking here. The post Just In Case: Do You Have An Emergency Fund? appeared first on PodWheels.

In the debut episode of our series, we will spend some time getting to know John Turner and his long history of working with owner-operators, independent contractors, company drivers, small business owners and aspiring trucking entrepreneurs. A Certified Public Accountant, John has become a highly valued and trusted resource who specializes in tax preparation, tax planning, accounting, bookkeeping and tax problem resolution. In addition to outlining some of the main goals of the Business Of Trucking Series, this episode provides listeners the opportunity to hear John discuss his overall career and how he was first introduced to the trucking industry by professional drivers looking some help on tax and business topics. You’ll also hear how John met Dave Nemo and how John’s Business of Trucking segment became a regular feature on the Dave Nemo Show. If You Are A Professional Driver Or You Own A Trucking Business, It’s Always Tax Season, And John Turner Is Ready To Help You!  John Turner’s Trucker Tax Organizer is designed to help owner-operators, independent contractors and company drivers work with the information you need to stay on top of your business while you are on the road. Stay organized throughout the year. Download the Trucker Tax Organizer today by clicking here. The post Meet John Turner, CPA & His Commitment To Professional Drivers appeared first on PodWheels.