(818) 806-8131 info@tmtaxadvisors.com 1151 W 5th Street, Azusa, CA 91702
TM Tax Advisors Azusa · California
(818) 806-8131 info@tmtaxadvisors.com 1151 W 5th Street, Azusa, CA 91702 Se habla español

Trucking & Logistics

Trucking & Logistics — tax and accounting that fits how you actually operate

Cost per mile is the whole business. Everything else is commentary.

What goes wrong

The five things that cost trucking & logistics businesses money

01

Cost per mile by truck

Fleet averages hide the truck that is losing money. Per-unit reporting is the fix.

02

Per diem & meal deductions

The per diem method usually beats actual expenses for drivers, but only with the right documentation.

03

Owner-operator structure

Sole proprietor versus S-corporation changes self-employment tax materially once net income passes a threshold.

04

Equipment & depreciation

Tractors, trailers and trade-ins each have their own treatment, and financing structure affects the deduction.

05

IFTA & fuel tax

Quarterly fuel tax reporting across states, reconciled to actual mileage and fuel purchases.

What we do about it

How we work with you

  • Per-truck and per-lane profitability reporting
  • Entity structure modelled against your actual net income
  • Per diem tracking set up so the deduction survives review
  • Equipment purchase and trade-in timing planned for tax effect
  • IFTA quarterly filings prepared from reconciled records

Services

What this usually involves

Bookkeeping & Monthly Close

Reconciled every month, closed on a schedule, and delivered with a short note explaining what changed. Not a shoebox reconstructed in March.

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Proactive Tax Planning & Strategy

Planning is the part of the work that actually moves the number. We model your year while there is still time to change it — and show you, in dollars, what each decision is worth.

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Business Formation & Entity Structuring

The entity you register and the way it is taxed are two separate decisions. Most people make only the first one, and pay for it every year afterwards.

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Individual & Business Tax Preparation

Every return we file is prepared by a licensed professional, reviewed by a second set of eyes, and walked through with you before it is signed. No surprises in April, no letters in October.

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Let’s look at your trucking & logistics numbers.

Bring last year’s return and a month of books. Thirty minutes, no charge, and a straight answer about what we would change.