Businesses of all sizes depend on the trucking industry to maintain fast and safe delivery of products all over the nation. The truck makes the first economic contribution by delivering raw materials to manufacturers.

Every tax season, tax drivers leave thousands of dollars as a tax deduction. It is crucial to know which expenses are deductible and which are not. There is a large part of taxation that prepared for mileage logs for tax purposes every year. It becomes tricky to maintain the record while on the road for long hours and not have a personal computer handy.

The IRS allows truck drivers to deduct the ordinary and necessary business expenses. If you pay from pocket for the maintenance and supplies, you may be able to deduct oil changes, new tires, wash fluid, and cleaning supplies charges.
The IRS audits people who put you down the round number on their taxes. Sometimes, it brings the number from the prior return. You know they do not make sense but you haven’t logged it up. If you itemize your return, you can claim approx 80% of your expenses.

In case, your company does not reimburse for the supplies, you can deduct that from your taxes. Also, the cost of renewing your driver's license or any physical fee belonging to a trade association can deduct from your tax. Keep in mind that if your employer reimburses you cannot deduct. So, heavy-duty vehicles and truck drivers must seek a firm that can assist to overcome the heavy burden of taxation.

Our book keeping and tax relief firm Kreig LLC in Houston has an entire department dedicated to the trucking industry. There are indefinite issues that arise when driving trucks in the state or throughout Houston. We offer our legal services to trucking companies, logisticians, and contractors.

To file Truck driver taxes in Houston, most independent contractors and owner-operators report their item income and expenses on the form 1040 every year. Independent contractor refers to the arrangement where employers do not hold taxes. You can file even on the individual level. If you feel tricky to find out the solutions, we will fight for you and optimize your case and your taxable income.

If you have any query on IRS problems related to truck taxes, give us a call. Contact us online to fix up an appointment with our experts.


Get some useful information on truck driver taxes in Houston. Visit https://irstaxtrouble.com/irs-collections/truck-driver-tax-problems/ to know more about Truck driver taxes.