#trucker finances

[artisticdivasworld]

Financial planning for truckers 

Financial planning is something a lot of folks in the industry overlook, but it’s super important if you want to stay afloat and keep your wheels rolling. First, let’s talk about budgeting. It might sound like a boring topic, but think of it as your roadmap. Without a clear budget, it’s like driving without a GPS. You know your income can be pretty unpredictable, especially with fluctuating fuel…

[joshhamilton11]

Navigating Tax Changes And Updates Affecting Truckers

Navigating tax changes and updates affecting truckers is crucial for maintaining compliance and optimizing tax strategies. Here's a breakdown of some recent tax changes and updates that truckers should be aware of:

Standard Mileage Rate: The IRS often adjusts the standard mileage rate for business miles driven for each tax year. Truckers who use their vehicles for business purposes can deduct a standard rate per mile driven for business. It's essential to stay updated on any changes to this rate, as it can impact your deductions significantly.

Per Diem Rates: Per diem rates for meals and incidental expenses (M&IE) are updated periodically by the IRS. These rates vary depending on the location and are intended to reimburse truckers for expenses incurred while away from home. Keeping track of the latest per diem rates can help truckers maximize their deductions for travel expenses.

Section 179 Deduction: Section 179 allows businesses, including trucking businesses, to deduct the full purchase price of qualifying equipment and software purchased or financed during the tax year. In recent years, there have been changes to the maximum deduction limit and eligible property, so staying informed about these updates is crucial for maximizing tax savings.

Fuel Tax Credits: Truckers who use fuel for off-highway business purposes, such as in refrigeration units or auxiliary power units (APUs), may be eligible for fuel tax credits. The eligibility criteria and calculation methods for these credits can change, so it's essential to stay updated on any updates to ensure accurate tax reporting.

State Tax Changes: State tax laws and regulations affecting truckers can vary widely from state to state. Changes to state income tax rates, sales tax rates, and other tax-related policies can impact truckers' overall tax liability. Keeping abreast of state tax changes and updates can help truckers effectively plan their tax strategies.

COVID-19 Relief Measures: In response to the COVID-19 pandemic, various relief measures were implemented, including tax provisions aimed at providing assistance to businesses, including trucking businesses. These provisions may include tax credits, deferral of tax payments, and other relief measures. Staying informed about COVID-19-related tax changes can help truckers take advantage of available benefits.

Electronic Logging Device (ELD) Mandate: The ELD mandate requires commercial motor vehicle drivers, including truckers, to use electronic logging devices to record their hours of service. While not directly related to taxes, compliance with the ELD mandate can impact truckers' operations and may have implications for tax reporting, such as documenting hours worked and mileage driven.

Tax Reform Legislation: Tax reform legislation, such as the Tax Cuts and Jobs Act (TCJA), can have far-reaching implications for truckers. Changes to tax rates, deductions, credits, and other tax provisions can affect truckers' overall tax liability and tax planning strategies. Staying informed about tax reform developments and understanding how they impact your tax situation is essential for effective tax planning.

Retirement Planning Options: Retirement planning is an essential aspect of tax planning for truckers. Understanding the tax implications of different retirement savings options, such as traditional IRAs, Roth IRAs, and solo 401(k) plans, can help truckers make informed decisions about saving for retirement while minimizing their tax liability.

IRS Enforcement Priorities: The IRS may prioritize certain enforcement areas, such as worker classification issues, underreporting of income, or abusive tax shelters. Being aware of the IRS's enforcement priorities can help truckers identify areas of potential risk and ensure compliance with tax laws.

Staying informed about tax changes and updates affecting truckers is essential for maintaining compliance, minimizing tax liability, and optimizing tax planning strategies. Consulting with a qualified trucker tax accountant can provide valuable guidance and assistance in navigating these tax changes effectively.

[immaculatasknight]

Ottawa supporting the Canadian economy

[badstargateimagines]

Stargate character analysis

Based on how they’d act at a minimum wage job inspired by my actual behavior.

Jack: He’s the type to show up to work in his pajamas, clock in, and then take an hour long shit before finally getting changed into his uniform. His shift starts at 5am on paper, but in practice it starts at 6:15. Time theft king. (Me while working at Canadian grocery chain that rhymes with blah blahs)

Sam: 15 minutes early for being 15 minutes early. She shows up and sits in the parking lot for 15 minutes before she goes into work and then sits there for another 15 minutes before her start time. However, if she notices something that needs to be done, she’ll do it before clocking in just so she doesn’t need to do it later. (Me when I worked at Sephora)

Daniel: kind of like Sam but hates his boss so he does everything he’s told to do but vagues about his boss online on anonymous accounts. Partial to the tradie breakfast (gas station coffee and pastry). Says he’s not stressed about work but has had anxiety about it since he went in for the interview. (Me when I worked at Canadian Old Lady Clothes Emporium with a duck as the logo)

Teal’c: Shows up at exactly his shift time and then makes a coffee before doing anything. Afterwards he just vibes and gives cryptic lore updates to anyone who comes by his desk. Has unionized himself and takes half hour long breaks and 1.25 hour lunch breaks. Spends his downtime engaging with hobbies. (Me when I worked at my town’s visitor’s centre)

Jonas: Interchangeable with Daniel. It’s always a toss up of who will show up for the shift. Has a panic attack when he can’t find his uniform. Beloved by management because he constantly seems like a baby animal who shouldn’t be at work, crushed by the weight of capitalism and yet he’s there doing his best. Protected by his coworkers because he’s constantly victimized by weird customers. (Me at the grocery store I worked at when I was 14)

Vala: straight up vibing. Pops an Adderall and downs 2 red bulls and calls it breakfast. Not sober when she wakes up? No problem! Have a shot as a pick me up and stroll into work because minimum wage isn’t worth the hassle of being sober. Watches people steal and just tells them where the camera blind spots are. They call her 007: 0 effort, 0 work done, 7 smoke breaks. Vapes in the receiving area and entertains truckers with her immeasurable amount of rizz. Almost fired for unionizing the old people in the smoking area but quits before they can actually fire her. (Me again working at Canadian Grocery Chain that rhymes with blah blahs)

Janet: receptionist who has a license to be incredibly mean to anyone who walks in. Shows up 10 minutes late every day because she has to pop into everyone’s office to say “omg hiiiiii!!” on her way to her office. Everyone loves her. Makes coffee when she knows the 60 year old lady from finance who knows all the gossip will be in the break room. Keeps the entire office together by being Radar O’Reilly. (Me when I temped at town hall)

Cam: he’s the young supervisor who ended up becoming a supervisor against his will who shows up with a litre of coffee every morning. Constantly forgets that he’s a supervisor so gossips with staff for like five minutes before his face goes blank and goes “shit, uh, we gotta get back to work” and then doesn’t. Whenever someone comes in late and apologizes for it he goes “nah don’t worry, I wish I wasn’t here too, take your time, I’ll adjust the punches.” Everyone thinks he’s cool but he’s actually just too stressed about potentially needing to write someone up that he’d rather just not see it. Gets all his work done and the team is always more productive when he’s there. (Me when I worked at the old lady clothes emporium)

General Hammond: retires by opening a business and not retiring at all. Effectively has the business to get out of the house. Hours are whenever he’s around. Picks a location close to his dentist and doctor’s office so he can close the store and walk there when he needs to go to an appointment. Spends his days talking to his friends and engaging with his hobbies. (My dad and the record store we opened together because he couldn’t stand doing nothing all day)

Harry Meybourne: calls in sick because he’s hungover or because it’s too nice out or something. Performs well at his job when he bothers to show up, really milking the labour shortage for everything it’s worth. Says he can’t work before 7am or after 9pm because he’s not able to drive when it’s dark. That’s a lie. (Me when I worked at McDonald’s when I was 17)

[officialcreepypastareheated]

What your crush spooky spaghetti says about you. [Reheated Edition]

Yes this is an excuse for me to infodump now shut up and read the post ya simps. (Some of these should not be read at the dinner table. Nothing explicit though.)

Jeff Harrison:

You like trucker types, don't you Squidward? /ref

You don't care if he's got a rotting eye socket, gingavitus, and Zalgo knows what else, you ARE going to kiss that man and DIE HAPPILY.

His hair isn't soft and luscious. The grease and burnt bits would stick to your hand like raw spaghetti covered in olive oil.

BBG he doesn't just bite and let go he'd borderline cannibalize you. You are walking away a skeleton. (He's not a cannibal btw he's just insane.)

You crushed on Bob Velseb. AY DON'T START RUNNING AWAY I KNOW WHAT YOU ARE!!!

Leo Harrison:

Save a horse.

You liked Jeff cause he was Southern but you liked Leo more cause he's SOUTHERN.

That or you're a girlie and respect that Jeff is gay. (thank you for that btw ily /p)

You saw their full bank account, cooking skills, and overall how they can provide and said "Finally, an actual caretaker type who can ACTUALLY TAKE CARE OF ME!!!" sorry to disappoint but he's just as depressed as you are.

As a Texan with friends who simp for southerns, I know y'all. We all know why you like the cowboy. (i still don't understand what the southern charm is though)

EJ:

*Walks onto the stage. Taps the mic. Clears throat.* Tendrils.

Hey so wanna talk about the Predators and your opinions on them?

You are simple minded and EJ knows how to do taxes.

BBG it can help you finance but it cannot cook I hope you like cup ramen.

He's autistic too and that is his safe food. Enjoy the sodium.

LJ:

Clown.

Caretaker clown.

You're probably on the aro spectrum too.

Aroflux/Aroalligned LJ supremacy.

I can't be mean if you like or simp for my LJ y'all probably been through stuff cmere. *hug*

You are loved btw.

SeedEater:

So... wanna talk about the monster thing?

Like when it's EJ or Slenderman that's one thing, they're very much human/humanoid, but... THAT IS A WEIRD BIRDMAN.

Wanna talk about Mothman?

You're not kid oriented.

Slenderman:

Alright folks, let's all say it together on 3!

1, 2, 3! DADDY ISSUES!!! ✨️

Oh and tendrils too.

You like to go on long walks in the deep woods.

You're either pretty mature and understand his struggle, taking care of a bunch of idiots.

Or are an idiot who needs extra love and care preferably in the form of headpats.

Btw, big hands. I know what you are.

B.E.N:

Hon, that is a computer.

That is a laptop with a neural network inside it.

How... How are you...

....

Would you just text through the notes app or smth?

I know what app you prolly have btw.

Jane:

Lesbian. I don't make the rules you just kiss women.

Wanna talk about that one zombie girl from Corpse Bride?

Or Morticia?

Or ghostly goth girlies who love to roam the cemeteries on cloudy afternoons in general?

Perchance with a parasol and singing somberly?

Nina:

Lesbian who was closeted or comp het.

Also neglected and exposed to bad people who got you into bad interests.

In general you'd simp for her because you feel her and want to help fix her.

You also prolly crush on Jane/Clockwork and wanna be a part of their polycule. Three alt girlies in one, I can't blame you.

Clockwork:

*Slides you a cup of hot cocoa.* So should we start with how you were horribly hurt and just want to be protected by the big strong rough n tough lady?

Wait can you even read old fashioned clocks?

Me neither.

I'm gonna be so real I'm still working on her rewrite just give me a few more months.

Buddy:

You're one of my besties. (cause as of posting this only they really know about him)

Either that or you're one of the random folks who saw his ref/the teaser comic on the ask blog and thought he seemed interesting.

You're in *that* VN community to some degree aren't you? :/ (it's fine but i prefer he not be roped in with the yanderes)

You like cottagecore and softboys.

If you simp for him you're sad and want a warm little ray of sunshine caretaker type who would make sure you ate 3 meals a day, or you have a savior complex and want to make him eat 3 meals a day. No inbetween.

[wallbeatjournal]

What is a genre riverdale never tackled that you wish they did?

this isn't exactly an answer to your question, but after the promos for season 5 came out, my riverirls and i watched two (2) bad weird movies we'd never seen to prepare and/or manifest:

duel (1971), the homoerotic evil trucker movie. because of the evil truck promos, naturally

wall street: money never sleeps (2010), the terrible wall street sequel where aging gordon gekko has a weird triangle dynamic with his estranged daughter carey mulligan and her lame finance guy boyfriend shia lebeouf. and the money never sleeps.

ultimately i hold that wall street: money never sleeps was fairly relevant. but tragically duel was not. and that's tragic to me because i think riverdale could have served that fruit boots in the diner scene especially. you know the one, fellow duel understanders.

so i guess my answer is "scary homoerotic road rage movies."

[unexpectedyarns]

I've been very thrilled about the prospect of moving, and the possibility of buying a house sooner than we planned.

Now I have financiers telling me that they can't finance us even with high credit scores and 2 truckers' salaries "because of having to transfer jobs next year." (I mean, don't truckers travel from place to place? A great number of trucking companies are nationwide.)

Or telling me we can get financing but ONLY if one of us moves now and lives in the house within 60 days and the other one stays behind here to wrap up business. And even then, they want a written job or transfer offer, including salary, for within 60 days.

How can we have that? We haven't made a trip to look at houses. We haven't made an offer. We have no idea when closing would be, so how can we know when 60 days from that point would be?

We are not even asking for a definite loan /closing right now. Just for a ballpark approval so that we even know where to start looking.

I even had one place tell me they wouldn't accept a pre-approval application because "we weren't their established client." And another place tell me that they consider trucking "a part time job."

Seriously?

[kinkii-skinii-wannabe-trash]

Maybe Motivational?

If you’re the more practical type like me, I find that finances are a really good fasting motivator.

I eat whatever canned soup is on sale and monster ultra zero, and I literally do not need to waste more money than that on something that will end up in the toilet anyways. I literally never spend more than 4 bucks a day, and I don’t have to cook or nervously measure things out. If I want to splurge, maybe I’ll be some lettuce or a pack of kosher light franks, which can last a super long time.

Imagine how much money normies waste on food. Chain restaurants be charging 16 to 22 dollars a plate, and we aren’t even talking about the exorbitant cost of booze or a fancy restaurant! In saving myself those extra 12 to 18 dollars a day that would literally otherwise end up in the toilet, I could buy myself vacations, concert truckers, clothes, gym membership, hobby purchases, etc.

Remember! The cost of food goes beyond just calories!

#sweetspo #meanspo #bonespo #thinspi #thinsi #anorex$ia #anorekcya #skinni #skinny #thin #weightloss #thinspiration #diet #wieght #proana #th1nspo #edtumblr

[hypnogogyc]

I need to indoctrinate more ppl into terminal velocity shakes the screen i know mike n oliver have never spoken a single canon word to each other but consider (this is alot of my hcs)

The End and The Eternity, Freefalling with no End, The end of a wick. Superb finance couple. Mike has his designer oversized button-ups and Oliver has his GAMERS DONT DIE THEY RESPAWN hyperrealistic skeleton flame text tshirt. Finding love and accepting the inevitable pain that comes with it’s end.

Both have their perspectives on death (For oliver its that it comes eventually, and he’s resigned himself to whatever. Mike keeps it out of his mind when he can i think but he has a hard time finding closure for a long time.) and those perspectives work to make a rlly good dynamic. Olivers lack of ambition or much attachment to the world meets Mikes world seeing and thrill seeking and i think they’d ground at a medium,, i think they should take a trip. Oliver woke up jon for annabelle n in return she revealed that mike was alive all along n then they travel i think Oliver is deeply sentimental in a short-exposure at a time way where he knows better than to let it get to him too much. However he has a hard time actually getting invested in anything. Mike has few attachments in the world that he doesn’t want to lose. However he is deeply attached and isolated.

Does rhis make sense god i hope it did oliver loves mike knowing he will not last and it’s fine because he’d rather have loved anyways. Mike loves oliver because in the expansive of the universe, he just simply likes him, and he also happens to be able to understand his situation. Also because of how big you can feel knowing someone will remember you. I dont know if they would make any official label really (jealous mike is a fun idea tho..) but theyre publicly “travel buddies” since oliver insisted to make the next trip by road for the fun of it and got to know the truckers.

Imagine whatever scenario where oliver meets simon fairchild thru mike at like. A wedding or whatever can u imagine they would be so polite to each other and mike would hate it. I think Oliver is rlly good at acting normal at first when he sees the roots crawling towards mike but mike eventually realizes why he’s being distant. Mike buys oliver alot of stuff, but none of it is name brand whatever it’s all hyperspecific shirts and assorted commissions and trinkets. Simon once caught wind of it and decided to send a painting of his to the pair as a “free commission” but they had to burn it when it tried to eat oliver.

[vomitdodger]

This happens quite frequently. Canadian truckers and other conservative causes only however. Remember this:

Digital currency will make this cancellation easy for the commies. Can cancel your finances anytime and anywhere. You will be become the ultimate slave. Truly comply or die scenario.

[rtrixie]

what steps do you think dissidents should be taking now in terms of their finances? it seems the methods the powers that be use against dissidents these days are mainly "soft authoritarianism" like freezing their accounts, pressuring them to lose their jobs, etc.

What Trudeau did to the trucker protesters in Canada was definitely something of a new calibre - the kind of banking sanctions previously reserved for foreign actors under actual Western sanctions.

I think these methods will spread to other Western countries, so dissidents will need to be prepared to de-bank themselves before the government does it, meaning that those organizing dissident activities should at the very least keep their savings where they can't be frozen at the order of a police state.

[artisticdivasworld]

August Trucking News: A Mixed Bag for Owner-Operators

As we wrap up August, it’s been a rollercoaster month for owner-operators in the trucking industry. Here’s a rundown of ten key news stories that have made an impact, both positively and negatively. Credit: AFTdispatch.com Freight Market Struggles Continue The ongoing freight recession has intensified, with a surplus of trucks on the road and a decline in e-commerce demand leading to lower…

[joshhamilton11]

Facing An Audit: How Trucking Businesses Can Prepare For The IRS

Facing an IRS audit can be daunting for trucking businesses. Preparation is key. Maintain thorough records of income, expenses, and mileage. Organize receipts and documentation meticulously. Seek guidance from a specialized trucker tax accountant to navigate the process smoothly. They offer expertise in tax compliance and can provide invaluable support in ensuring all necessary documentation is in order for the audit.

[highplainsdrifter777]

Global Boiling Bullshit

NOBODY is doing anything about global warming.  IF the world is getting hotter we are fucked.  They are talking about cutting farming to prevent CO2, meanwhile, the industrial machine is pumping faster than ever designing products to break easily and be disposable so you have to repurchase them. Instead of making things upgradeable and lasting the world is worried about profit. 

Nobody is calling for a halt to making lithium batteries for cars, with no plan to recycle them or dispose of them properly. No one is calling people to stop buying frivolous shit on Amazon from China.  China is part of our world too. 

What they are calling for is a cutback on food production. They are calling for fewer people because the system is designed so that people have to depend on it to live and destroy the world. They know the easiest way to halt the system is to kill those they conditioned to do it.

Only 9% of all that stuff you put in your recycle bin actually gets recycled and if they do not sort any of it, it all goes to the dump anyway. 

I say stop worrying about producing food and start worrying about our engineering and design processes. Call for a ban on plastic garbage and $25 drones.  Schemes for electric vehicles and a failing electric grid they want you to charge it on. 

During the 1980’s we did start getting it right. We went thew a period where people were hesitant to buy plastic bottles to throw away. Bulk goods started taking off and people started reusing plastic bags. As things were getting easier and cheaper to produce the industrial machine was getting worried their supply wouldn’t sell.  This is when they financed and promoted the recycling scheme. Look into it. 

Recycling was put into place to make people feel good about buying shit they might throw out, but it doesn’t actually do anything. The resources that are put into recycling damage the environment. As a trucker, I remember hauling 30k pounds of recycled cardboard halfway across the US burning 250 gallons of diesel just to get it there. Recycled material can be cheaper than new for production, but is a very very small amount of what we throw out. 

So when they talk about Global Boiling and tell you to take action to stop it, look at what they are telling you to do.  I guarantee someone is going to get rich on it. People will starve, and life will get a lot tougher.  The plastic shit you buy on the internet will give you no pleasure when you are starving. When your days are spent looking for food, there will be no more time left to advocate for change. 

What can you actually do to help fix the world? Stop and think. Do not follow the agenda, and do not read biased articles. Think about the things that are actually polluting and ruining the earth and you will see someone is making money off it. 

[octagonsun]

Fire Emblem Fates: Trucker AU

trucker au where nohr and hoshido are rival shipping companies nohr specializes in difficult routes, rural deliveries, places like Alaska, while Hoshido has a bigger operation running agricultural supplies. xander, ryoma: next-in-line for CEO. handle clients, logistics, finances, and planning. / camilla, hinoka: operate the biggest of rigs. / leo, takumi: special jobs with specialized gear. Leo…

[zee-man-chatter]

This war on Ukraine, in tandem with carbon tax is going to wreak havoc on our food supplies. Trudeau thinks carbon tax should go up 3X. Government is supposed to be here to help us, these two birdbrains couldn’t help themselves out of a paper bag! Things need to change rapidly or our populations are going to be in big trouble. Living on a farm won’t help that much, because you need diesel to run farm equipment.