For Truckers
Page last updated January 28, 2024
The Owner-Operator's Special*
Bookkeeping Services
Ongoing Business and Income Tax Consulting
Monthly Profit & Loss Statements
Year to Date Profit and Loss Statements
Annual Federal and State Personal Income Tax Return Preparation^
Quarterly Estimated Tax Vouchers with every year's return preparation
Review of Prior Three Years of Filed Personal Income Tax Returns
Secure Online Portal Access for correspondence and document delivery
Mobile App for Portal Access
$150 per month or $1,700 per year**
* Additional charges apply when multiple trucks are involved.* Additional charged apply when QuickBooks Online is used.^ Additional charges apply when more than one state return preparation is required.** Rate will be reduced when less than a full year's bookkeeping service is required.
The Owner-Operator's Corporate Works*
Bookkeeping Services
Ongoing Business and Income Tax Consulting
Monthly Profit & Loss Statements
Year to Date Profit and Loss Statements
Annual Federal and State Personal Income Tax Return Preparation^
Annual Federal and State Corporate Income Tax Return Preparation^
Quarterly Estimated Tax Vouchers with every year's return preparation
Review of Prior Three Years of Filed Personal Income Tax Returns
Review of Prior Three Years of Filed Corporate Income Tax Returns
Secure Online Portal Access for correspondence and document delivery
Mobile App for Portal Access
$220 per month or $2,500 per year**
* Additional charges apply when multiple trucks are involved.* Additional charged apply when QuickBooks Online is used.^ Additional charges apply when more than one state return preparation is required.** Rate will be reduced when less than a full year's bookkeeping service is required.
Company Driver Tax Return Preparation
Annual Federal and State Personal Income Tax Return Preparation^
Income Tax Consulting
Review of Prior Three Years of Filed Personal Income Tax Returns
Secure Online Portal Access for correspondence and document delivery
Mobile App for Portal Access
Rate varies; $300 is the typical price paid by company drivers
^Additional charges apply when more than one state return preparation is required and non-W-2 earned income is involved.Why should a trucker use Andrew Griffith CPA for their bookkeeping and income tax matters?
Andrew Griffith, DBA, EA, CPA (NY), CMA, CIA, CFE, CRMA has extensive experience with operations in the trucking industry and providing accounting services to clients within the trucking industry.
He knows and understands the perspective of the truck driver and what it is like to be on the road away fromhref="../"for six or more weeks at a time. Prior to entering the public accounting field, he was an over-the-road truck driver (solo and team) for a large dry van carrier (10,000+ drivers). After his dry van experience, he was an over-the-road truck driver (solo and team) and a driver trainer for a large refrigerated irregular route truck load carrier (2,500+ drivers). He is a holder of a 500,000 miles Safe Driving Award from that company. He traveled to all 48 continental states of the United States and some parts of Canada while in this role.
He knows and understands what happens inside the operations center of the carrier. After his truck driver experience, he worked in night operations and daytime dispatch. His night operations experience involved managing all dispatch activities for more than 400 trucks across the North American continent and addressing matters involving safety incidents, customer needs, and claims. After that, he was a freight broker before moving into administrative roles within that carrier. His administrative roles included be responsible for managing all of the retail fuel purchases for 2200+ trucks across the North American continent, managing expenses incurred by operations, and serving as the sole internal auditor for this carrier.
In 2020, he published research proposing changes to the trucking industry that would improve the profits of the carriers and compensation of the drivers (1). Free access to this paper is available at https://jbs-ojs-shsu.tdl.org/jbs/index.php/jbs/article/view/27.
In 2019 and 2008, he published some articles in trade magazines explaining how per diem works on the federal income tax return for those subject to DOT hours of service rules (see 2 & 3). In 2008, another of his articles explained how business costs function in the trucking industry (4).
(1) Griffith, A.S. (2020). The U.S. Long-Haul Trucking Industry Through the Lens of Frei's Service Model. Journal of Business Strategies, 37(1), 44-54.
(2) Zepeda, C. & Griffith, A.S. (2019). The Tax Effect of Per Diem Rate for Individual Taxpayers Subject to DOT “Hours of Service” Rules. TaxStringer.
(3) Griffith, A. (2008). Understanding the Full Cost of Business. The Driving Times Magazine, 1(3) (Summer).
(4) Griffith, A. (2008). Tax Time: The Per Diem Challenge. The Driving Times Magazine, 1(1) (Premier/Winter), 26-27.