Freight transportation operations juggle a variety of tax-related issues that prove so complicated that businesses dole out money unnecessarily. Rather than give the state and federal government a larger percentage of your revenue each year, trucking tax services help track expenses, identify deductions, and ensure you maximize your annual salary.
With more than two decades of experience providing truck tax services, the team at Transportation Tax Consulting works diligently with organizations in freight rail, aviation, and water transportation, as well as parts and equipment suppliers.
Transportation Tax Consulting offers specialized tax services tailored for the trucking industry. We provide comprehensive solutions to navigate complex tax regulations, maximize deductions, and optimize financial strategies for trucking businesses.
States and thousands of municipalities impose sales and use taxes on transportation companies. It’s not uncommon to encounter seemingly conflicting mandates that cause confusion. At Transportation Tax Consulting, we serve as trusted advisors to sort out these and other issues to ensure you only pay the minimum required.
We are keenly aware that freight carriers and suppliers need to get their tax filings right. As business owners and operators, that means tracking sales and use taxes and paying them on a quarterly or annual basis. As a leading trucking tax services provider, we make certain that your sales and use taxes are paid to the appropriate local and state agencies on time.
People who earn a living in the transportation sector are tasked with paying property taxes on their homes, assets, and equipment, such as tractor-trailers. It’s not unusual for businesses to not take full advantage of depreciation and other tax-reducing opportunities. We help hard-working community members lessen their property tax liability.
The federal government levels an excise tax on power units and other freight-hauling assets. Failing to pay this and other excise taxes can result in government collection proceedings. Fortunately, you won’t need to worry about missing filing days with our reliable trucking tax services.
Each state and the federal government charge distinct motor fuel taxes, making filings a challenge in truck transportation. Quarterly reporting is often tedious and confusing, sometimes requiring professional help. We can relieve you of this time-consuming burden.
The International Fuel Tax Agreement includes the lower 48 states, Canada and Alaska. The international fuel tax is another layer of bookkeeping that tasks over-the-road freight haulers with tracking, reporting, and filing fuel taxes. We help businesses streamline the process.
State and local tax (SALT) credits and incentives continue to evolve. As the laws governing SALT deductions change, it’s increasingly difficult for transportation operations to keep track. At Transportation Tax Consulting, it’s our business to know which SALT credits and incentives apply to our clients.
Transportation Tax Consulting provides expert business services specifically designed for the trucking industry. From compliance and tax optimization to strategic financial planning, we offer tailored solutions that help trucking businesses achieve operational efficiency and financial success.
Freight transportation professionals spend a significant number of days away from home. Rather than miss important documents and deadlines, we provide
registered agent services. We’re available to serve as the business’s point of contact and handle important legal documents on your behalf.
The importance of filing on-time annual reports cannot be understated. Missing a deadline can result in penalties or the state moving to dissolve your business entity. At Transportation Tax Consulting, we can file your annual report and send you an electronic copy.
It’s simply not worth taking the risk of losing a business license because you were hard at work delivering goods and materials in another state. We establish a timeline indicating when
business licenses are up for renewal and ensure yours do not expire.
If the tax oversight, reporting, filings, and other business-related duties leave you overworked, we can take that load off your shoulders. Contact Transportation Tax Consulting today, and let’s get the process started.
To be honest with everyone, and always keep your word.
Uprightness of character or action, and the refusal to lie, steal, or deceive in any way.
Being considerate and honoring the feelings, opinions and property of others.
Teach better ways of doing something or a better way of living.
Faithfulness to commitments
or obligations.
Process of working collaboratively with a group of people to achieve a goal.
At Transportation Tax Consulting, we position ourselves to empower your success through specialized expertise in the complexities of the trucking industry. By offering tailored tax strategies, compliance solutions, and strategic financial planning, we aim to optimize your operational efficiency and financial outcomes, ensuring your business thrives in a competitive landscape.
- Rick Ingram, President/CEO Centurion Auto Holding Company, Jacksonville
- Rick Ingram, President/CEO Centurion Auto Holding Company, Jacksonville
- Rick Ingram, President/CEO Centurion Auto Holding Company, Jacksonville
At Transportation Tax Consulting, we're here to help with all your transportation tax needs. Whether you need guidance or have specific inquiries, our team is ready to support you. Reach out today!