Our experts will make sure everything is processed correctly the first time, so you won’t have to wait to get those big rig wheels turning. The right accounting software support shaves time off repeatable tasks and better connects your business operations. While you’re transporting goods, our team will handle the daily work to keep your financials accurate and up-to-date.
Services for New Motor Carriers
The company’s founders began their careers in the family trucking business, eventually converting all 350 drivers of their team to owner-operators. Today, they are the largest tax and accounting firm for owner-operators, offering a variety of service packages to simplify the business side of driving. Created by a professional accounting firm in Atlanta, Georgia, TranspoCFO provides quality bookkeeping services to trucking businesses.
PERMITTING SERVICES
To start your trucking business, you need a Motor Carrier Authority from the Federal Motor Carrier Safety Administration (FMCSA). During the 14-day protest period, TBS will establish your BOC-3 while you file for insurance. Track everything and always have the documentation to support a compliant approach. It is a nine-digit number used by the IRS to identify taxpayers who are required to file business tax returns. This includes employers, corporations, partnerships, and other business entities. Comparing your data to other owner-operators allows you to see the areas where your business is performing better than your peers, as well as the areas where you can improve.
Bookkeeping and Tax Services
If you purchase your vehicle after August 31, then you must pay your taxes within 60 days of purchase. 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. Over the years, our services have continued to expand to provide innovative solutions and adapt to new trucking regulations.
Fractional CFOs for Trucking Companies
Call TBS today to find out which of our services can best support your transportation business. TBS has the knowledge and experience to help you navigate through trucking permitting services across state lines. We’ll work with you to improve processes and gain efficiencies throughout your organization, all for a fixed monthly price. Services can vary based on company operations and gross vehicle weight (GVW).
- That’s why it may be best to look into using a bookkeeping service for your business that works specifically with owner-operator truck drivers.
- Created by a professional accounting firm in Atlanta, Georgia, TranspoCFO provides quality bookkeeping services to trucking businesses.
- Let our experts help with permitting, compliance, insurance down payments, and more so you don’t have to tackle it all alone.
- If the average owner-operator is spending 30% of their revenue on fuel, and you only show 10% of revenue spent on fuel, your bookkeeper should be able to alert you to the discrepancy.
- This includes employers, corporations, partnerships, and other business entities.
Providing your documents should be as easy as sending in pictures, scanning and emailing them, or mailing them to the bookkeeper. With ATBS’ bookkeeping and tax preparation services, you can streamline your back-office processes and invest in the future of your business, saving you both time and money. No matter your fleet size or business needs, there is a trucking bookkeeping service to help you manage your transportation company. FlatWorld can help your trucking company achieve seamless back-end operations, specializing in accounting services for trucking and logistics clients. With around-the-clock service, they’re available to help meet your bookkeeping needs as they arise. Their services are also scalable due to their partnerships with leading Fortune 1000 companies.
ATBS just recently launched the new ATBS Hub, which makes working with us even easier! With the Hub, you’ll be able to scan or import receipts, settlements, and other documents with just a few taps. FreightWaves Ratings reference a list of approved sources for use of research to support editorial research and drafting.
Our team will work with you to select the right service for you and your business. With over 50 years of experience, we are dedicated to helping independent trucking companies become successful. Bookkeeping is an important part of running your business as an owner-operator truck driver.
These documents are also essential for creating profit and loss statements for your trucking company. By using trucking bookkeeping services, you can keep everything organized and accessible so you can find what you need when you need it. Invoicing can be daunting, but trucking companies must receive payment from their clients. With an online bookkeeping service, you can create, send, and keep track of invoices to manage your cash flow.
With Decimal’s bookkeeping for truckers, it’s easy to navigate tax season for any trucking business. Maximize tax deductions and minimize tax liabilities with our team of tax experts. If you only need tax support, we’re happy to help get everything planned and prepared so that filing taxes is hassle-free.
