Discussing Updates To The Per Diem Rate & The Importance Of Good Recordkeeping
October 10, 2024

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 business operations. As you will hear, John provides the details on the updated per diem rate, the effective date of the new rate and he shares some reminders about how to work with partial days out on the road. John also spends some time in this episode discussing recordkeeping, including the importance of properly managing receipts and maintaining a bank account for business.

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.

You May Also Like…

1 Comment

  1. Marianna Mosciski

    Your writing is not only informative but also incredibly inspiring. You have a knack for sparking curiosity and encouraging critical thinking. Thank you for being such a positive influence!

    Reply

Submit a Comment

Your email address will not be published. Required fields are marked *