Trucker CFO Archives | PodWheels

Our Driving Your Dollars episodes of the podcast for 2023 wrap up with a look at some new laws and regulations that will be on the books beginning January 1, 2024. We will take the time to examine why these changes are important for trucking business owners to understand heading into 2024. Trucker CFO Colton Lawrence will be offering his insights on these new laws. In the second half of the episode, Colton will be discussing some considerations related to deductions as we wrap up the 2023 business year and get ready for the upcoming tax-filing season.

The post As 2024 Approaches, New Laws & Regulations Are On The Way appeared first on PodWheels.

As we approach the end of the year, Trucker CFO Colton Lawrence will cover several key topics of interest in this Driving Your Dollars edition of the podcast. Colton addresses the benefits related to purchasing equipment for your trucking business before December 31. In addition, Colton will also explore the rules related to per diem as well as the importance of trucking business owners staying current and paying quarterly taxes. Colton uses the final minutes of this Driving Your Dollars segment to discuss planning for your retirement.

The post Do You Have Your Year-End Financial Checklist In Place? appeared first on PodWheels.

For this Driving Your Dollars edition of the podcast, Trucker CFO Colton Lawrence will be addressing some year-end planning considerations as well as value of financial planning within your trucking operation. In the first part of the podcast, Colton will note the importance of recording keeping and maintaining your proper tax documentation. Colton will then talk about what’s happening with loan rates and the value of understanding the financial metrics of your business.

The post Importance of Good Record Keeping & Year-End Tax Documentation appeared first on PodWheels.

For this Driving Your Dollars edition of the podcast, Trucker CFO Colton Lawrence will be examining the Beneficial Ownership Information (BOI) reporting requirements that have been mandated by the U.S. Department of the Treasury’s Financial Crimes Enforcement Network. Colton discusses how the BOI was developed at the federal level and what trucking business owners need to do to be in compliance with this regulation.

The post Discussing Reporting Requirements For Beneficial Ownership Information appeared first on PodWheels.

With this Driving Your Dollars edition of the podcast, Trucker CFO Colton Lawrence will place his focus on what’s happening with the economy as we are now running through the final two months of the year. Colton also discusses what he is seeing within the freight while offering a few insights about being prepared for the road ahead.

The post Examining The Economy & The Freight Market appeared first on PodWheels.

Colton Lawrence, the Trucker CFO, takes an in-depth look at the Fresh Start Program that is offered by the IRS. As you’ll hear, the Fresh Start Program was designed as a platform for people who owe tax debts to the IRS. In this Driving Your Dollars episode of the podcast, Colton shines a light on the realities of tax resolution and people in situations where they owe money to the IRS need to be careful in the companies they choose to help them.

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In this Driving Your Dollars edition of the podcast, Trucker CFO Colton Lawrence will highlight the timely topic of cyberattacks and how discuss the importance of protecting your electronic information. In the second part of the episode, you’ll hear Colton talk about tax audits and the increased enforcement by the IRS.

The post Exploring Cyberattacks & Discussing Topic Of Tax Audits appeared first on PodWheels.

In this Driving Your Dollars episode of the podcast, Trucker CFO Colton Lawrence addresses the importance of having a plan in place and executing that plan when it comes to paying off any existing tax liabilities. Colton discusses what he and the Trucker CFO Team are seeing these days when it comes to enforcement collection of existing tax debts by the Internal Revenue Service.

The post Important Notes On Addressing Existing Tax Liabilities appeared first on PodWheels.

A few weeks prior to the official National Truck Driver Appreciation Week, Colton Lawrence, the Trucker CFO, worked with his team on the release of the company’s second e-book in 2023. As Colton shares in this edition of the Trucker CFO Podcast, the development and release of the Trucker CFO’s Comprehensive Business Guide, Part 1, was one focused on sharing information that could help make the road a little smoother for professional drivers who are working to run their own small businesses in trucking. As Colton notes, the free e-book was one of the ways the Trucker CFO Team is working to show their appreciation daily for professional drivers. As you’ll hear the new e-book shares knowledge gathered by Colton and his Trucker CFO Team with the goal of helping trucking’s small business owners.

The post Trucker CFO Displaying Driver Appreciation Through New E-Book appeared first on PodWheels.

Colton Lawrence, the Trucker CFO, takes a look at the freight market to discuss what he sees happening with rates. Colton also spends some time looking at the value of experience.

The post Taking a Look at the Freight Market & What’s Happening With Rates appeared first on PodWheels.