With this year-end episode of the podcast, Certified Public Accountant John Turner will be sharing a few key year-end tax-saving moves that can benefit owner-operators, independent contractors and fleet owners. As you will hear, John emphasizes the importance of...
Business Of Trucking With John Turner CPA
All Episodes
Reviewing The IRS List of Challenges Encountered By Taxpayers
During this episode, Certified Public Accountant John Turner will be reviewing a list of challenges encountered by taxpayers that the IRS has put together. John will be focusing his observations on IRS customer service issues, preparer oversight with returns, identity...
Discussing QuickBooks Online And Other Tax Season Preparations
This edition of the podcast features Certified Public Accountant John Turner discussing a variety of timely topics centered around preparing for tax season. As you will hear, John begins the conversation by noting how QuickBooks online can be a strong tool for...
How Strong Is Your Recordkeeping As Tax Season Approaches?
This edition of the podcast will feature Certified Public Accountant John Turner discussing why it’s so critical that professional drivers work to maintain excellent records related to your financial transactions while you are on the road. As you will hear, accurate...
Importance Of Bookkeeping And Maintaining Good Records
This edition of the podcast will feature Certified Public Accountant John Turner talking about the importance of effective bookkeeping and tax strategies for small business owners who are part of the trucking industry. As you will hear, John will highlight the...
IRS Addresses Deadlines For Taxpayers Impacted By Recent Natural Disasters
In this edition of the Business of Trucking, Certified Public Accountant John Turner will be sharing some timely information regarding how the IRS works with individuals who have been impacted by natural disasters. As John notes during this episode, the recent...
Discussing Updates To The Per Diem Rate & The Importance Of Good Recordkeeping
This edition of The Business of Trucking will feature Certified Public Accountant John Turner reviewing the recent updates that the IRS has made to the per diem allowance, which is a key deduction for owner-operators and independent contractors as they run their...
Understanding The New Business Tax Account From The IRS
This edition of the podcast will feature Certified Public Accountant John Turner sharing what he’s learned about the new Business Tax Account option from the IRS. John will be walking us through the key features and benefits of the Business Tax Account, also known as...
Initial Steps To Take After Receiving An Audit Notice From The IRS
In this episode of the podcast, Certified Public Accountant John Turner discusses the procedures and steps to take when you have received an audit notice from the IRS. As you will hear, John emphasizes the importance of remaining calm, understanding the notice and...
Have You Gotten Any Of These Notices From The IRS?
In this edition of the podcast, Certified Public Accountant John Turner will be talking with Dave Nemo about many of the notices that the IRS sends out through the mail. The notices that John will be discussing with Dave cover a wide range of concerns overseen by the...
Learning The Facts About The Qualified Business Income Deduction
In this episode of the Business of Trucking, Certified Public Accountant John Turner will be talking to us about the Qualified Business Income Deduction, which is known as the QBI. As you’ll hear, John will be going into great detail describing the QBI and how it can...
Delivering The Facts To Trucking Business Owners On The Beneficial Ownership Information Report
In this Business of Trucking segment, Certified Public Accountant John Turner will be discussing the Beneficial Ownership Information Report, or BOI Report. As you will hear, the BOI Report is part of the Corporate Transparency Act, which took effect on January 1st of...
Discussing Business Entity Options & Reasonable Compensation Under The S-Corp Structure
In this episode of the podcast, Certified Public Accountant John Turner will be noting the various business entity structures that are most commonly used in the trucking industry. Those business entity structures include Sole Proprietorships, LLCs, Multi-Member LLCs,...
Tax Planning: How Withholding Can Impact A W-2 Employee’s Tax Liability
During this episode of the podcast, John Turner CPA addresses revisits the topic of tax planning on two different fronts. You’ll hear insights on the importance of monitoring the withholding categories that are part of a company driver’s paycheck. You’ll also hear...
Do You Know What To Do After Receiving An IRS Letter?
With this episode, Certified Public Accountant John Turner discusses the latest round of letters that have been sent out by the IRS as part of the agency’s increased enforcement efforts. In addition to that topic, John will be talking about the value of bookkeeping...