Truck driver

Tax and accounting services for truck drivers

Working as a truck driver, you solve dozens of tasks daily — planning routes, monitoring the condition of the truck, and adhering to delivery schedules. But there is another important part of your job that requires attention — taxes and accounting. The company ILLION will help you with financial matters, minimize tax expenses, and avoid problems with the tax service.

Why is proper tax accounting important for truck drivers?

Many drivers work as self-employed individuals, independent contractors (1099), or as corporate owners (LLC, S-Corp). In each case, taxation and accounting have their specifics:

✔ Self-employed drivers (1099):

They pay taxes themselves (self-employment tax).

All business expenses must be taken into account to reduce the taxable base.

I am responsible for quarterly tax payments (estimated taxes).

✔ Business owners (LLC, S-Corp):

They can optimize taxes through salary payments (W-2 + dividends).

They can write off a larger amount of expenses.

They require detailed accounting and reporting to the IRS.

Understanding all these nuances on your own is difficult, and mistakes can lead to fines and overpayments. Our specialists will help you optimize taxes and manage your accounting properly.

Our services for truck drivers

Preparation and submission of tax returns

• We fill out and submit Form 1040, Schedule C, 1120-S, and others depending on your status.
• We help minimize the tax burden through accurate expense accounting.

Tax optimization and expense accounting

• We are analyzing allowable deductions: fuel, repairs, insurance, truck rental, phones, and accommodation on the road.
• We provide consultations on the most advantageous tax schemes.

Accounting and payroll calculation

• We provide full accounting services for both companies and self-employed.
• I am responsible for the calculation and payment of salaries, as well as the preparation of form W-2 and 1099.

Quarterly and annual reports

• We calculate and file quarterly taxes (estimated taxes).
• We are preparing the annual report to avoid unexpected tax charges.

Business registration consultations

• We will help you choose LLC or S-Corp.
• We will register the company and set up the tax system.

Why choose Illion?

✔Our expertise in the field of transportation services allows us to understand the nuances of the work of long-haul truckers.

✔ We help save money—we reduce the tax burden through legal methods.

✔ We guarantee accuracy—we work with the IRS, eliminating reporting errors.

✔ We work online—all services are available remotely, without office visits.

Contact us today! We invite you to schedule a consultation to discover ways to save on taxes and streamline your accounting.

ILLION is your reliable partner in the world of taxes and finance!