Trucker CFO Blog

Going In-Depth On Topics & Trends That Matter To Small Trucking Business Owners

The Trucker CFO Goes On The Road & On The Air In July

Colton Lawrence, the Trucker CFO, will be taking a road trip and connecting face-to-face with professional drivers during the month of July. Colton’s first stop in July will be at the 2022 Walcott Truckers Jamboree, which opens on July 14 at the world-famous Iowa 80 Truck Stop in Walcott, Iowa…

What is the Best Business Entity for a Trucker?

As a trucker choosing a business entity, you have a lot to consider. You may not be familiar with all the choices, but in this blog, we will cover some of the most common options. The four most common types of business entities for owner-operators are…

IRS Announces Increase to the Per Diem Rate

If you are an owner-operator or independent contractor, the Internal Revenue Service delivered some good news in September. The federal government is increasing the per diem allowance from the current $66 per day to $69 per day. The increase in the allowance in per diem for days spent traveling away from home is effective beginning…

Got a Tax Audit Notification?

In the game of “Would You Rather?” few people would rather be audited by the IRS than suffer a different unpleasant fate. And who can blame them? The IRS is scary. But when you have the Trucker CFO on your side, you won’t have to worry…

Getting Your CDL

Recently, we talked about the importance of having a plan before jumping into the owner-operator’s seat. Today, we’re going to dive in a little bit deeper about getting your CDL and a few things you need to take into consideration when doing your research. Not all operations are going to require you to have that CDL,…

A Christmas Message From Our Equinox Team

As Christmas Day arrives, our entire team at the Trucker CFO would like to send our best wishes for a wonderful holiday season to everyone working in the trucking industry. While we are quite aware that trucking is a 24/7, 365 business and the industry serves as the wheels of the American economy, it is our sincere hope that everyone who is able to do so can spend part of the Christmas season with your family.

Thanksgiving Is A Time To Shine A Grateful Spotlight On America’s Truckers

Thanksgiving is a Time to Shine a Grateful Spotlight on America’s TruckersBy Colton Lawrence, President & CEOEquinox Owner-Operator SolutionsAs Thanksgiving arrives, I would like to share a message of deep gratitude and appreciation on behalf of our team at Trucker CFO for the men and women who earn their living as professional drivers. When it…

What are the most common tax mistakes truckers make?

All too often, truckers who make the transition from being an employee to an owner-operator are not as informed as they need to be about the tax laws that govern the industry. This lack of knowledge can, unfortunately, create major headaches for truckers. Find out from the professionals at the Trucker CFO — a provider…