TRUCK TAX INCOME STATEMENTS & TRUCK LOGS WILL HELP LOWER YOUR TAXES AND MAKE YOUR TRUCKING BUSINESS MORE PROFITABLE
TRUCK TAX INCOME STATEMENTS & TRUCK LOGS WILL HELP LOWER YOUR TAXES AND MAKE YOUR TRUCKING BUSINESS MORE PROFITABLE
SUMMARY OF TRUCK TAX INCOME STATEMENTS AND TRUCK LOGS
The truck tax income statement and truck expense and business logs templates is for truckers that are either sole proprietors or single member LLCs and that file Schedule Cs on their 1040 personal income tax returns. The truck tax income statement and truck expense and business logs has the following benefits for truckers. First, the truck tax income statement can help truckers accumulate and list all revenues and expenses. The truck tax income statement which goes on schedule C will not have to be prepared by your accountant which will lower your tax preparation fee to your accountant. In addition, the truck tax income statement will be there to list all available expenses to lower your profit down so you will pay less taxes and possibly in certain cases increase your tax refund. Secondly, the truck expenses and business logs will help a trucker accumulate revenues and some of the expenses for truck tax income statement. The truck expenses and business logs templates also has logs that will also help you run trucking business more efficiently. (see below list of truck logs below and the benefits of each of them) Finally, the truck tax income statement and truck expenses and business logs when used together can help a trucker pay less taxes, pay their accountant less, and run their business more smoothly and efficiently resulting in increased profits.
TRUCK TAX INCOME STATEMENT OPTIONS OFFERED
Annual Template
Truck tax income statement created for revenues and expenses on an income statement for a calendar year. This is good to accumulate revenues and expenses on an annual basis which has the benefits of lowering taxes owed, lowering fee paid to your accountant, increasing your tax refund in certain cases, and to see how well your trucking business is doing on an annual basis.
Monthly, Quarterly, and Annual Template
Truck tax income statement created for revenues and expenses on a tax income statement on a monthly, quarterly, and calendar year. This is good to accumulate revenues and expenses on a monthly, quarterly, and calendar year basis which has the above benefits of lowering taxes owed, lowering fee paid to your accountant, increased your tax refund in certain cases, and see how well doing on a monthly, quarterly, and annual basis. This is recommended for truckers who want and/or need more detail on how trucking company is doing on a monthly, quarterly, and annual basis.
FOURTEEN TRUCK LOGS AND THE BENEFITS OF EACH OF THEM
Truck Logs 1 to 5
- Trucking Routes & Jobs Revenue - it helps get track of trucking routes or jobs for a particular client and revenues received from it.
- Truck Client Revenue by Contract - it helps keeps track of the revenue received per contract with a trucking client and also other details of it like how long contract is, terms of contract, and other aspec
- Trucking Routes & Jobs Revenue - it helps get track of trucking routes or jobs for a particular client and revenues received from it.
- Truck Client Revenue by Contract - it helps keeps track of the revenue received per contract with a trucking client and also other details of it like how long contract is, terms of contract, and other aspects of it.
- Truck Load Inventory Summary - it helps keep track of details of truck load inventories to include aspects of description of shipment, shipper, receiver, total price, and total weight of shipment.
- Truck Rest Stop Purchase Logs - it helps keep track of all of the expenses you make at truck stops. It is also useful to your accountant for expense purposes.
- Truck Purchase Log - it helps keep track of the trucks purchased to include aspects such as make, model, date purchased, truck gross vehicle weight in pounds, cost, and DOT#. It is also useful to your accountant for depreciation expense purposes.
Truck Logs 6 to 10
- Truck Sales Log - it helps keep track of the trucks sold to include aspects such as make, model, date purchased, truck gross vehicle weight in pounds, sales price, and DOT#. It is also useful to your accountant for truck sales on your tax return.
- Other Asset Purchase Log - it helps keep track of assets purchased over $1,000 not includin
- Truck Sales Log - it helps keep track of the trucks sold to include aspects such as make, model, date purchased, truck gross vehicle weight in pounds, sales price, and DOT#. It is also useful to your accountant for truck sales on your tax return.
- Other Asset Purchase Log - it helps keep track of assets purchased over $1,000 not including trucks. It is useful also to your accountant for depreciation expense purposes.
- Truck Maintenance Log - it helps to keep track of the expenses of oil changes and repairs made to your truck. It is useful in that it will help your truck to be in best condition for driving and when to know when get next maintenance repair.
- Truck Weight Log - it helps keep track of the times you get your truck weighed. It is useful to know weight of truck for compliance purposes.
- Truck Trip Mileage & Gas Log - it helps to keep track of truck trip destination, miles driven, states driven through, total miles driven, gas purchased, gallons purchased, price per gallon, and purpose of a truck trip. It is useful because it shows the amount of gas used and price efficiency of it. In addition, it also helps your accountant in calculation of automobile expense.
Truck Logs 11 to 14
- Truck Bills Log - it helps keep track of amounts due to vendors and helps you pay them off better.
- Truck Accounts Receivable Log - it helps keep track of amounts due from customers and helps you collect amounts due from them better.
- Truck Log 1099 Log - keeps track of the total amounts paid to independent contractors. It is useful to your
- Truck Bills Log - it helps keep track of amounts due to vendors and helps you pay them off better.
- Truck Accounts Receivable Log - it helps keep track of amounts due from customers and helps you collect amounts due from them better.
- Truck Log 1099 Log - keeps track of the total amounts paid to independent contractors. It is useful to your accountant because it will have total amounts that need to prepare 1099s and Schedule C.
- Truck Payroll Log - keeps track of the monthly amounts paid to employees. It is useful for your accountant because it will have amounts from this to prepare payroll tax returns, W-2s, and Schedule C.
PURCHASE PRICES AND ANNUAL RENEWAL FEES
Purchase Prices Option
Purchase prices are as follows:
Truck Tax Income Statements to include Annual and Monthly, Quarterly, and Annual Templates in combination with Trucking Logs is for a one time fee of $1,500.
Annual Renewal Fee on Calendar Year Basis
Annual renewal price of Truck Tax Income Statements and Trucking Logs is at $75 per year on a calendar year basis after December is over.