In this episode, John Turner CPA will be covering two timely topics. As you’ll hear in the first portion of the podcast, John will be reviewing some important information and considerations related for anyone who needs to file an amended tax return for the 2020 tax year, which had provisions related to the COVID pandemic. John will then shift gears to offer his initial observations concerning the passage of the Tax Relief for American Families and Workers Act of 2024, which was recently signed into law. John takes a look at this new law from a trucking perspective, including how it could impact how owner-operators and trucking business owners will be able to work with depreciation on their equipment going forward.
If You Are A Professional Driver Or You Own A Trucking Business, It’s Always Tax Season, And John Turner Is Ready To Help You! John Turner’s Trucker Tax Organizer is designed to help owner-operators, independent contractors and company drivers work with the information you need to stay on top of your business while you are on the road. Stay organized throughout the year. Download the Trucker Tax Organizer today by clicking here.
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