As a truck driver, saving for retirement can feel challenging, especially if you're self-employed or an independent contractor. However, there are several tax-advantaged retirement accounts that can help you save while reducing your tax bill. Here’s a quick guide to the best options for truck drivers. Why Retirement Planning Matters for Truck Drivers Unlike traditional employees [...]
The holiday season can be one of the most exciting and most expensive times of the year. Gifts, travel, special meals, and year-end events can add up quickly. For truck drivers, managing these costs is even more challenging. Long hours, time away from home, and the convenience of on-the-road purchases can make December feel like a [...]
Between long hauls, tight schedules, and holiday deliveries, the holidays can sneak up fast. But before you shift into full Thanksgiving mode, wherever the road takes you, it’s worth carving out a little time for tax planning. Good tax planning isn’t just about filing on time — it’s about setting yourself up for fewer surprises and [...]
Fall is one of the busiest seasons in the transportation industry. From hauling grain during harvest to keeping shelves stocked for the holiday rush, seasonal work opportunities are everywhere. For many drivers, these short-term gigs are a great way to earn extra income, test out new routes, or even get a foot in the door with [...]
On the road, staying organized isn’t just about keeping your cab tidy. It’s about keeping your records ready. When tax season hits, the drivers who are prepared get their returns filed faster and stress a whole lot less. Fall, especially September and October, is your prime time for a mid-year paperwork tune-up. You’ve got most of [...]
Life on the road means managing time, deliveries, and deadlines. But when your child heads off to college, a new set of logistics kicks in. From tuition to textbooks, the cost of education can feel overwhelming. The good news is that the tax code offers tools that can lighten the load if you know how to [...]
Hi Abe! What can I do to prepare for the back-to-school season? Great question. The back-to-school season is an exciting time, but it can also bring a range of financial challenges if you’re unprepared. We’ve made a checklist to help you prepare for the new school year. Set a back-to-school budget List out essential items such [...]
As a driver, you’re used to navigating long hauls and managing your time on the road. But when it comes to your finances, especially with a child heading off to college, the journey can seem just as challenging. Proper tax planning can make a significant difference in managing the costs of higher education. This guide will [...]
Whether you are planning to start a family or have children and want to reevaluate your spending, it’s important to plan for the expenses of having children. According to CBS news, the cost of raising a child from birth to 18 is nearly $240,000 BEFORE college. That’s a yearly average of $13,000 - $14,000 per child. [...]
