Business Of Trucking With John Turner CPA

Unless you filed an extension with the IRS, many people put thoughts about taxes off into the distance once the calendar flips from April to May. In this episode of the Business of Trucking, Certified Public Accountant John Turner continues his efforts to emphasize the importance of developing a tax planning strategy that you can use throughout the year. As John shares with our listeners, waiting until later in the year or putting tax planning off until tax time can prove to be quite costly. As you will hear, John discusses a number of proven tax planning strategies that can allow owner-operators and independent contractors to be positioned to lower what they will owe to the IRS at Tax Time. Those strategies include the pre-tax savings of contributions to retirement plans, equipment purchases and considerations with business entity structures.

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. Learn more on how John and his team can help you by clicking here.

The post Owner-Ops & ICs: What Is Your Tax Plan For The 2025 Fiscal Year? appeared first on PodWheels.

While this episode of the podcast notes the close of the April tax filing deadline and looks back on another tax season, Certified Public Accountant John Turner reminds listeners about the value of tax planning. John notes that staying on top of your business throughout the year with a tax plan can help to ease the stress when the tax filing deadline arrives. Also, in this episode, John highlights the discovery of unexpected tax liabilities for taxpayers as well as the need for small business owners to utilize proactive bookkeeping. The discussion also touches on the human element of tax preparation, noting how communication between a tax preparer and their clients can help in avoiding financial surprises. Looking at the 2025 fiscal year, John highlights some strategies for tax savings, including the benefits of S-corporations and reasonable compensation.

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. Learn more on how John and his team can help you by clicking here.

The post It’s Never Too Early To Start Your Tax Planning For This Fiscal Year appeared first on PodWheels.

With the clock ticking down toward the April 15th deadline for tax filings, Certified Public Accountant John Turner uses this episode of the podcast to review an important business operation deduction that owner-operators, independent contractors and owners of small trucking companies often utilize at tax time. As you will hear, John will be talking about the key considerations regarding the home office deduction. You will also hear John cover the regulations when providing financial gifts to others, and John spends some time discussing per diem deductions.

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. Learn more on how John and his team can help you by clicking here..

The post Taking Time To Review Key Deductions As The 2025 Tax Deadline Approaches appeared first on PodWheels.

In this episode of the podcast, Certified Public Accountant John Turner will be addressing the timely topic of tax scams that can often be found during tax season. As John shares with us, the IRS publishes a Dirty Dozen list of the top tax scams the agency has seen during the past year. As you will hear, these scams include email phishing, fake charities, improper claims for household employment taxes, bogus self-employment tax credits and ghost tax return preparers. In this episode, John also discusses the intricacies of fuel tax credits in the trucking industry.

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.

The post Know The Scams That Top The IRS ‘Dirty Dozen’ List appeared first on PodWheels.

In this episode of the podcast, Certified Public Accountant John Turner covers a number of timely topics, including a discussion of the recent IRS layoffs and the possible impact those layoffs might have on tax season in 2025. John also uses this episode of the podcast to note the many additional considerations for professional drivers when it comes to filing your taxes. As you’ll hear, this is especially true for owner-operators and independent contractors who can truly benefit from utilizing a tax professional who understands the trucking industry.

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.

The post Will Recent IRS Staffing Reductions Impact The 2025 Tax Season? appeared first on PodWheels Powered by Radio Nemo.

In this episode of the podcast, Certified Public Accountant John Turner covers a number of timely topics, including a discussion of the recent IRS layoffs and the possible impact those layoffs might have on tax season in 2025. John also uses this episode of the podcast to note the many additional considerations for professional drivers when it comes to filing your taxes. As you’ll hear, this is especially true for owner-operators and independent contractors who can truly benefit from utilizing a tax professional who understands the trucking industry.

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.

The post Will IRS Staffing Reductions Impact The 2025 Tax Season? appeared first on PodWheels.

This edition of the podcast will feature Certified Public Accountant John Turner providing insights on calculating the home office deduction for small business owners, offering insights that can be helpful for owner-operators, independent contractors and fleet owners in trucking. We will also hear John share insights into why tax planning is vital beyond simply filing returns, and how CPAs represent clients to the IRS, which helps in reducing the stress of an audit. And when it comes to audit situations, John explains the importance of having proper representation and why you should avoid attempting self-representation.

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.

The post Insights On Working With Home Office Deductions appeared first on PodWheels.

In this episode of the podcast, Certified Public Accountant John Turner explores the concept of how your financial health can impact other aspects of your life. Also, with tax season approaching, John explains the value of proper tax planning over simply filing tax returns, and how his firm offers comprehensive services to help professional drivers with each person’s individual tax situation. In addition, John covers the role of Certified Public Accountants in representing clients before the IRS, the steps involved in mitigating stress related to financial matters and the significance of maintaining comprehensive records to prepare for potential audits.

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.

The post What Is Your Plan For Financial Health In 2025? appeared first on PodWheels.

In our opening episode of 2025, Certified Public Accountant John Turner will be comparing the expertise that is available from a professional who specializes in tax planning vs. a service that is limited to tax preparation. As you’ll hear, John compares the choice of finding an experienced tax planner vs. a tax preparer to choosing between an ophthalmologist and an optometrist. John also emphasizes the importance of tax planning to ensure taxpayers not only maximize their wealth, but this choice can also relieve stress and improve your overall health as well as your relationships.

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.

The post Why It’s Important To Utilize A Tax Planner Vs. A Tax Preparer appeared first on PodWheels.

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 maximizing retirement contributions, prepaying expenses and managing income to optimize tax deductions. John will also look at different methods for calculating home office deductions and he will highlight the benefits of making charitable contributions before year-end. Additionally, the episode covers practical tips for S Corp shareholders on optimizing shareholder compensation.

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.

The post Discussing Tax-Saving Moves You Can Make Before January 1, 2025 appeared first on PodWheels.