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...
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...
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...
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...
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...
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...
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,...
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...
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...
In this episode of the podcast, Certified Public Accountant John Turner places a spotlight on estimated taxes and why staying on top of estimated tax payments is extremely important for owner-operators and anyone working as a 1099 contractor. As you will hear, the...
Certified Public Accountant John Turner puts the spotlight on the tax advantages that exist within sole proprietorships and he also runs through some of the options available for lowering your tax liability if you operate your business as an S-Corporation. As John...
While the 2024 tax filing deadline for personal returns is in the books, Certified Public Accountant John Turner reminds listeners in this episode that there’s no time like the present to begin the process of examining your tax planning for this fiscal year. In a...
In this episode of the podcast that was recorded just prior to this year’s tax filing deadline, Certified Public Accountant John Turner will be revisiting the importance of having someone in your corner who can go beyond just filing your return and actually help you...
In this episode of the podcast, Certified Public Accountant John Turner will be highlighting the importance of bookkeeping and how the electronic bookkeeping solutions he will be discussing can help professional drivers at tax time and throughout the year. As you will...
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...
