Bookkeeping and Tax Services

ATBS has helped our business run smoothly by inputting our receipts every month and keeping our business between the lines. ATBS has helped me understand what I need to do to be better in certain areas. My consultant is very knowledgeable, down-to-earth, and helps me with any questions I have. You obtain Bookkeeping Certification trucking bookkeeping services by completing the Accounting Fundamentals course and passing the Uniform Bookkeeping Certification Examination. The Certification assures employers of your bookkeeping knowledge and skill. Estes recognized for providing reliable freight transportation solutions to meet the evolving needs of its customers.

The FMCSA requires you to have $750,000 primary liability insurance and $100,000 cargo insurance. Depending on what you haul, additional insurance may be required. Always report any changes in your operations to your insurance provider to ensure you’re covered in case of an accident.

TRUCKING BOOKKEEPING

They are very knowledgeable and they keep up with the trucking industry. I am reliant on them and have trusted them for 3 https://www.bookstime.com/nonprofit-organizations years now. ATBS, DAT’s exclusive trucker tax services partner, organizes and secures your records so you don’t have to.

TBS compliance packages help you navigate through ever-changing federal regulations. Successfully establish your business with help from our expert team. With a secure portal, you can log in to your personal account at any time and know that your information is safely password-protected. When you log in to the portal to review your data, you should also look for a bookkeeper that will allow you to call and ask questions without charging extra fees. Trucking management software (TMS) can help you keep track of everything easily. You can handle most tasks in the comfort of your cab using a smartphone, tablet, or laptop.

PERMITTING SERVICES

It is a nine-digit number used by the IRS to identify taxpayers who are required to file business tax returns. With cash-based accounting, you only count any money you get paid when you receive it. This is the simplest system to make sure you keep track of everything.

Trucking accounting software is engineered to aid in decision-making and account needs for your business. This software for trucking will help you track your income and expenses, capture and organize receipts and maximize tax deductions. While on the road, it also has the ability to track your truck mileage and manage your cash flow. In our experience, QuickBooks™ is the most effective accounting software for truckers.

also offering warehouse, brokerage, and dedicated services

In addition to your MC#, many states require an intrastate authority if you pick up and deliver loads within the borders of one state. Companies that operate commercial vehicles transporting passengers or hauling cargo in interstate commerce must be registered with the FMCSA and must have a USDOT Number. You must have a place of business in your base state to register for the IFTA and operate in at least one of the IFTA areas. There are two mandatory annual Taxes your business can not miss. 2290 is the Tax return on the use of heavy vehicles on highways.

• A good bookkeeper will be able to use this information to help you figure out where to make adjustments in your business to both earn and keep more money.
• For example, if you utilize a bookkeeper who offers tax reconciliation services as well as industry benchmarking data, they can help you spot expense documentation you may have forgotten to send.
• The FMCSA requires you to have $750,000 primary liability insurance and $100,000 cargo insurance.
• Companies that operate commercial vehicles transporting passengers or hauling cargo in interstate commerce must be registered with the FMCSA and must have a USDOT Number.
• Accurate accounting services from our professional bookkeepers provide your CPA with the timely, organized data needed to do your taxes.
• Successfully establish your business with help from our expert team.

However, trucking is an ever changing industry and you need a service that offers current year, timely, tax estimates based on how you are performing now, not what happened last year. Our monthly trucking bookkeeping services include an Income and Expense statement to provide you with an accurate picture of how your trucking business is doing. The next thing you should look for in a bookkeeping service is a secure online portal where you can view your digitized documents and review your profit and loss (P&L) statements at any time.

Stay on top of your DOT compliance

Do you want to start your own bookkeeping business for Trucker’s? If you want to capitalize on a booming industry and build a business in the trucking industry, it’s important to have the tools and resources you need to succeed. I understand that you want your business streamlined and successful.

• Let our experts help with permitting, compliance, insurance down payments, and more so you don’t have to tackle it all alone.
• Trucking accounting software is engineered to aid in decision-making and account needs for your business.
• Our outsourced accounting services are available for truckers, distribution companies, and the automotive industry anywhere in or outside of Wisconsin.
• Imagine a life where you set your schedule, bring value to your clients, and relax when you want.
• All motor carriers operating with a gross vehicle weight over 26,000 pounds must have a New Mexico weight distance tax account.

Read and download our DOT Compliance e-book to learn how to stay DOT compliant. Regardless of what type of business structure you choose, the next step is to get an EIN for tax purposes. You can apply online through the IRS website, but if you do this on your own, be sure to carefully read all the information before applying. ATBS just recently launched the new ATBS Mobile App, which makes working with us even easier! With this app, you’ll be able to scan or import receipts, settlements, and other documents with just a few taps. One out of every 25 owner-operators gets audited by the IRS for taxes each year.

Bookkeeping Certification

This includes your work cell phone/computer, tools & equipment, education, and even insurance. A bookkeeper can completely minimize the chance of mistakes in your accounting. Learn more about our small and mid-sized business consulting services during a free consultation. Our business advisers keep the focus on financial results, and can also help you anticipate and plan for future challenges.