BlogBusiness Success TipsFreight Factoring

Top 10 Commonly Missed Tax Deductions

By 03.22.19January 27th, 2021No Comments
Trucker missed tax reductions

Are you unsure of the deductions available to you as a trucking business owner? Don’t worry, we’re here to help! We’ve teamed up with Jim O’Donnell, owner and CEO of Trucker Tax Service to bring you 10 commonly missed deductions for truckers. Scan the list – are you leaving any money on the table?

List Check mark icon

1. Accounting fees

List Check mark icon

2. Money order expenses

List Check mark icon

3. Truck washes

List Check mark icon

4. Travel bags

List Check mark icon

5. Cab curtains

List Check mark icon

6. First aid supplies

List Check mark icon

7. Lap desk

List Check mark icon

8. Bunk heater

List Check mark icon

9. Seat covers

List Check mark icon

10. Factoring fees

Click to the full list here…

Head into tax season worry free by partnering with a factoring company like eCapital and turn the wait and worry of unpaid invoices into the ease and advantage of immediate cash. Plus, we offer perks like free fuel cards and access to our exclusive broker network. It’s the smarter way to get paid. Call us at 800.705.1500 or fill out the form for a free, no-obligation rate quote.

More Great Reads

Bank Loan vs Freight FactoringBlogCash Flow TipsFreight FactoringFreight Factoring Blog
02.24.21

Bank Loan vs Freight Factoring

Lock and Load Your Backup Financial Plan – Get Ready for High Demand 2021 is shaping up to be a good year in trucking with growing demand for capacity and…
Truck driver reviews a clip board in front of a transport truckBlogFreight FactoringFreight Factoring BasicsFreight Factoring Blog
02.17.21

Checklist: How to Choose the Best Factoring Company

Your trucking company needs easy access to working capital to support operations. You’ve made a great decision; to leverage your accounts receivable and access fast cash by factoring your invoices.…
TruckBlogFreight FactoringFreight Factoring Blog
02.10.21

Is being an owner operator in 2021 worth it?

Last year proved to be a significant year for the trucking industry as the entire globe faced the effects of the coronavirus pandemic. Trucking was declared an essential service for…