A roadmap has a compass to orient your bearings, a key or legend to help you identify certain milestones, and most importantly, it is a tool to help you arrive successfully at your desired destination. As you map your driving route, you might highlight or circle the locations where you make planned stops along the…

If you’ve ever missed a payment deadline on your credit card or electric bill, you are aware of the whirlwind that follows; your next statement has that unbearable expression in red font “PAYMENT OVERDUE” along with a late fee to pour salt on the wound (as if finances weren’t tight enough without additional penalties). Electric…

Whether you are an independent owner-operator or manage a trucking company with a large fleet, you have a variety of difficult decisions to make, including whether to purchase a new or used semi truck. Buying a used semi truck could be a good financial decision that yields a vehicle in great condition at a fraction…

What you do makes everyone’s holidays better, including mine. What I wish to tell you is how very, very much I appreciate you. At i2290 we recognize that each and every day you run your business operating heavy commercial vehicles, you employ very specialized skills, time, and energy to help make other lives comfortable and…

When the IRS makes a mistake, it sometimes goes unnoticed, or it can be difficult to identify the root cause and clean up any resulting errors. Often, these mistakes are not human errors, but IRS computer system errors.  This scenario becomes particularly critical in instances involving the 2290 penalty, where system errors can lead to…

The world of tax preparation for truck drivers can be a labyrinth, given the unique employment circumstances under which they work. Some drivers are employees of a trucking company (company drivers), while others are independent owner operators. The tax responsibilities and potential deductions differ greatly between these two groups. This article breaks down how tax…