PIB TIP: REFUNDS FOR NEW OWNER-OPERATORS. Potentia

Aug 31, 2011

PIB TIP: REFUNDS FOR NEW OWNER-OPERATORS. Potentially you can get a refund to the extent of taxes paid your first year in your own business. If your withholding as a company driver was $100 before you became an owner-operator and you paid no additional taxes during the year, the most you usually can receive as a refund is $100. The Partners in Business program is produced by Overdrive and the consultants at ATBS, the nation’s largest owner-operator business services firm, and is sponsored by Freightliner Trucks.

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Overdrive editors and ATBS present the industry’s best manual for prospective and committed owner-operators. You’ll find exceptional depth on many issues in the 2022 edition of Partners in Business.

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