James Regalado of Thonotosassa, Fla., drives this

Jan 12, 2012

James Regalado of Thonotosassa, Fla., drives this 2007 Kenworth W900L for Wurth Brothers Inc. With a 13-speed transmission and a 500-hp Cummins, it hauls electronics, oversize machinery and building kits.

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

Rand McNally TND™ 750

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

More episodes »

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.

Download