Does My Trucking Business Owe Taxes?

For February’s third Driving Your Dollars edition of the Trucker CFO Podcast, we tackled one of the most important questions that comes up every tax season for trucking entrepreneurs: Does my trucking business owe taxes? In his podcast conversation with Michael Burns of RadioNemo, Trucker CFO Colton Lawrence gives listeners an overview that looks at when business tax returns are needed and how the business activities of pass-through entities are filed on a business owner’s personal tax return. Colton and Michael also spend a moment discussing the S-Corp election.