IRS Form 2290 is required for vehicles weighing 55,000 pounds or more that travel on public highways. Many new trucking business owners wonder if they need an EIN to file the form. Whether you’re new to the trucking industry or looking to ensure compliance, this article aims to answer the question: do you have to…

Driving a truck can be an adventurous and fulfilling way to earn a living. Driving for a company can offer stability and serves as an easy way to enter the trucking industry. However, for those with a more entrepreneurial spirit, becoming an owner operator brings the potential for financial independence and operational flexibility. But where…

Starting a business is always a daunting prospect—and for good reason. Statistics show that many new businesses fail within their first five to six years, often due to cash flow issues or a lack of business acumen. That’s why having a solid truck driving business plan from the beginning is so important.  If you’re considering…

In the trucking industry, the numbers on the scale are crucial. They determine how much you can haul, what roads you can travel, and how your equipment holds up over time. But weight doesn’t just matter on the road—it matters on your tax forms, too. When it comes to filing IRS Form 2290 and paying…

I knew that was important, so I put it in a safe place! But where? Which safe place? We have all had experiences like that. When the important thing happens to be a tax document, it can send your heart racing. Doing taxes is hard enough without losing important documents. Unfortunately, it happens. Even the…

Sometimes life rolls along smoothly—then, you hit a speed bump or get forced into an unexpected detour. For truckers, those detours can take many forms, but few are as disruptive as tax problems. Whether it’s a missed deadline, a filing error, or an overlooked payment, these issues can quickly sideline your operations and put your…