3 Mistakes Every Trucker Makes

3 Mistakes Every Trucker Makes

It’s not uncommon for people to make mistakes when it comes to paperwork.

Typically in the trucking industry, the mistakes we see include incorrect VINs, poorly executed bookkeeping, and sloppy, trailer-flipping turns.

Going Full Speed Ahead

While everyone wants to be successful, sometimes drivers end up moving towards success too fast.

While every trucker wants to make that big money and get out on the road, it’s important to take things slow when you start out.

But if you’re in the OTR industry, you want to know if you are on the right path.

Most important – are you hiring on with a good company? Will you get consistent miles? Do they support their owner-operators? What are their freight lanes?

This is a tough industry to crack, don’t lose your head getting too far off the ground.

No Master Plan

We know a lot of new and existing owner-operators are hesitant to write a business plan, but those who do find it leads to success.

With a plan, you can implement a bookkeeping system that allows you to track basic business measurements, and factor in your profits and losses.

You don’t even have to do it alone! With a professional transportation management system, you can stay ahead of your average owner-operator.

Filing Your 2290s in July

Of course, there’s one large, glaring mistake you’re making when it comes to IRS Form 2290 filing.

What is it? Not Pre-Filing! Throughout June, you can e-file Form 2290 early with ExpressTruckTax.

When you pre-file your 2290s, you get a whole extra month to plan out your payment, get back on the road, or plan a vacation—and you still get your stamped Schedule 1 come July 1st.

The HVUT season runs from July 1 through June 30 of the following year, which means you usually can’t start filing until the tax period begins on July 1. But we’ve gone ahead and opened up pre-filing now!

Why wait to e-file your HVUT 2290 forms when you can file now and get back to making money?

Instead of putting your tax payments off, you now have enough time to plan for them.

You’re basically welcoming a headache if you don’t pre-file. And who wants a headache?

If you have any questions about pre-filing, reach out to our customer support experts at ExpressIFTA and ExpressTruckTax at 704.234.6005.