ACCOUNTING FOR OWNER-OPERATORS

Accounting services for  Owner Operators and Small Fleets

Accounting for commercial truckers

Maintaining an increasing number of financial records: quarterly tax estimates, receipts, settlement statements, profit and loss statements, budgets, and so on. All actual information and keeping everything under control – we are doing for you letting you get more time to develop your business.

Owner-operators, commercial truckers and small fleets get assistance with their more profitable accounting service than hiring an accountant inside. There is a solution – a full package of services – you reduce accounting costs, professional help and actual information on legislative level, and confident results.

OUR ACCOUNTING SERVICES FOR OWNER OPERATORS

WEEKLY SERVICES

You will get expert, trustworthy, and private tax advices and pay only what you owe. Run your business effectively and let us handle your income tax reporting and minimization, warranty issues, maintenance information, and monthly profitability. We know you work hard for your money so we will help you to keep them.

  • Billing direct to the customers, brokers or the factoring company

    Fleet Care Group’s professional accounting team will provide you with a high-quality and reliable accounting service, will carry on the responsibility of compiling and invoicing the brokers for carried out operations for cargo transportations. The customer will be invoiced directly or through a factoring company.

  • Accounts receivable control

    Our accounts receivable specialists are committed to seeing an immediate measurable reduction in your aging invoices. If the invoice is not paid, we will contact the other party and endeavor to ensure that the payment is received. Our aim is simple: to boost your receivable performance. We deliver results faster and more efficiently than an in-house accounting staff.

  • Fuel costs accounting

    The largest costs for owner-operators is fuel and it increases your operational costs, as a result, you lose mony. At the same time, it’s not easy to keep in mind all the fuel taxes in different states. It’s critical to prioritize the routes, figure out the cost per mile and keep track of fuel costs – it will allow to forecast fuel expenses and implement fuel-cutting strategies. Our expert will take care of it for you, and everything will be reflected in your annual tax report.

Service fee: $20 per week for 1 truck

START A TRIAL WEEK

TAXES

A dedicated tax preparer will guide you as an owner-operator through the entire process and filing procedure at the end of the year. Our tax specialists work across all of the states.

  • Heavy Vehicle Use Tax

    The annual taxable period begins on July 1 of the current year and ends on June 30 of the following year. For vehicles that are in use at the beginning of the tax period, your form 2290 filing deadline is August 31, 2021. Taxes on the full tax period must be filed and paid in advance.

  • IFTA

    Under IFTA, you are required to file quarterly fuel tax returns with your base jurisdiction, showing all miles traveled and all fuel consumed during the quarter by qualified vehicles, including the miles traveled and fuel consumed in each IFTA jurisdiction. The amounts listed for each jurisdiction on the report are used to calculate a net balance. Any additional tax due is remitted to the base jurisdiction, or a credit or refund is issued.

  • Permits

    Carriers that operate within Kentucky, New Mexico, New York, and/or Oregon may be subject to additional state permits. The requirements and monthly fees are different for each state. All permit account holders must file a Quarterly Return where the tax amount is calculated based on miles traveled during the reporting period. The filing process varies by state. Returns are required to be filed even if no mileage was accrued. Failure to file timely may result in late fees and penalties.

GET A FREE CONSULTATION

Our accountants for owner-operators will tell the details and guide through the available benefits

WHAT WE WILL DO FOR YOU

You will improve your company’s profit margins and, at the same time, you will be able to reduce operational costs. We don’t help, we do that for you and instead of you. You will get tailor-made solutions for your business and we will be able to provide for you:

Tax planning, analysis and structuring

We ensure the fleet busy and loaded in the most efficient way, including individual needs and preferences, highest market rates, available choices of loads on the market.

Detailed financial statements

We ensure the fleet busy and loaded in the most efficient way, including individual needs and preferences, highest market rates, available choices of loads on the market.

Cash flow monitoring

We ensure the fleet busy and loaded in the most efficient way, including individual needs and preferences, highest market rates, available choices of loads on the market.

Fuel costs accounting

We ensure the fleet busy and loaded in the most efficient way, including individual needs and preferences, highest market rates, available choices of loads on the market.

Accounts receivable control

We ensure the fleet busy and loaded in the most efficient way, including individual needs and preferences, highest market rates, available choices of loads on the market.

Why choose us

6 years experience in the accounting field

we always informed about the latest changes in tax law through all states

always ready give offer advice on what is better for tax purposes

you save your time while earning money

WHAT OWNER OPERATORS SAY ABOUT FLEET CARE

Guys, I am in business for more than 10 years, I changed my accounting company 5 years ago and that was the best decision. I get high level services, they do a lot of my job

Guys, I am in business for more than 10 years, I changed my accounting company 5 years ago and that was the best decision. I get high level services, they do a lot of my job

Brian M.

Accounting and paperwork don’t bring me much pleasure so I use Fleet care. They check everything so I know that I don’t pay more than I have to, my tax return is submitted on time, ensuring I avoid penalties, that’s important for me.

Accounting and paperwork don’t bring me much pleasure so I use Fleet care. They check everything so I know that I don’t pay more than I have to, my tax return is submitted on time, ensuring I avoid penalties, that’s important for me.

Andy L.

I like them because they reduce my paperwork and save my time, that’s helpful. There is no need to think about tax planning or analyzing, they do this for me. I am satisfied and always recommend other drivers

I like them because they reduce my paperwork and save my time, that’s helpful. There is no need to think about tax planning or analyzing, they do this for me. I am satisfied and always recommend other drivers

Jeffrey L.

Frequently Asked Questions

Many trucking business owners use an Excel spreadsheet to keep track of their expenses. Others prefer to input data with a pen and paper. However, specialized accounting services, undoubtedly, are the most effective approach to track expenses and other data.

A tax preparer may possess a variety of basic tax knowledge. Accounts and tax returns for sole traders, as well as basic self-assessment returns, can be prepared by a competent accountant.

If you’re self-employed, you can usually deduct business expenses from your taxes. Here’s a rundown of some of the things you might be able to write off: tolls, parking, maintenance, fuel, registration fees, tires, and insurance are all examples of vehicle expenses. Dues to trade associations or trade magazine subscriptions.

To file your IFTA fuel tax reports, you have to keep track of where you drove, how many miles you drove, fuel receipts or fuel tickets, and odometer readings. You have to file for IFTA four times a year, and you have to keep the records on file for four years. They’re due on Jan. 31, April 30, July 31 and Oct. 31. You can also send us your trip sheets, and we’ll do your fuel tax reports for you.

Fleet Care works every day to earn your business, no long term contracts to sign. If you are ever any problems we will make every effort to satisfy them and meet your needs. However we also know that from time to time business changes. You will be welcome back at any time your choose.

HERE’S WHERE YOU START IMPROVING YOUR TRUCKING BUSINESS

Get a thorough consultation – start using our accounting services – run your business more efficiently.