According to this week’s Traffic World, major sectors of the transportation community are slugging it out over a provision in the House-passed version of the federal highway bill. The provision ...
The Rule of 55 lets SNDR and WERN drivers access their 401(k) penalty-free at 55, but rolling the account to an IRA kills that exemption. Owner-operators using a Solo 401(k) contribute as both ...
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Company driver vs. owner-operator: Only one can legally hide $72,000 a year from the IRS. Guess which
There is a real tax code arbitrage that separates two people who may drive the same lane, haul the same freight, and eat at the same truck stop, yet report their income on completely different forms.
"Owner-operator" is one of those terms that sound self-explanatory, especially when it comes to truck drivers. Evidently owner-operators own the trucks they drive, right? Well, many of them do, but ...
TransportBPO has extended its transport dispatch and back office services to trucking companies and owner operators across the US, Canada, UK and Australia, covering load booking, driver check calls, ...
Truck drivers occupy two very different tax universes. Company drivers get a W-2, a payroll-split FICA tax, and access to whatever retirement plan the fleet offers. Owner-operators run a small ...
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