2004 Peterbilt Stinger

Nov 13, 2018

Driver couple walking back to the truck after meal purchase in truck stop

Per diem tax breaks just got a lot simpler -- and more valuable -- for owner-operators

New IRS guidance notes there will be no need for owner-operators to determine any percentage of meal purchases from a restaurant to reap savings with 100% deductible per diem through all of 2021 and 2022. Savings could top $1,000 annually.

Jade Transport's 2021 Peterbilt 389 Pride & Class

Throwback 359-style design on Jade Transport’s 2021 389 Pride & Class

U.S. Tax Return for an S Corporation Form 1120-S with an image of a vehicle carrier and semi-truck

How to save taxes, gain biz-management dividends with an S Corp structure

Small fleet roundtable: 'Co-opetition' code, balancing personal/business pursuits, more

Howes Diesel Defender

Small fleet roundtable: 'Co-opetition' code, balancing personal/business pursuits, more

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The Business Manual for Owner-Operators

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 2021 edition of Partners in Business.

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