Let’s face it, the hammer lane comes with some steep business expenses. From getting your CDL, to purchasing insurance, to buying parts for regular truck maintenance, you could find yourself spending more than you want to. If you’re not careful, you could be spending more than necessary by not turning in those business receipts that can be tax deducted. Fortunately, tax deductions are available for many of these common necessities that truckers rely upon to get on the road and run successfully. Whether you are owner operators, company drivers, a small fleet, or a lessee, you are eligible to receive tax deductions on the items listed below. Provide proof of payment, like a bill or receipt to the IRS and they will count it as a business expense for you.

Here is a list of some of the products Raney’s carry that are tax deductible *click item to be directed to our site:

These Items from Electronics

CB radios

Antennas

Cables

Cell phones

Cell phone accessories

 

These Items  from Apparel

 

Sunglasses

Gloves

Safety shoes

Boots

 

These Items from Exterior Products

Chrome parts

Chains

Cords

Padlocks

Kingpin locks

Vacuums

 

These Items from Cleaning

 

Polishes

Air fresheners

Air filters

Buffing wheels

 

These Items from Interior Products

Alarm clocks

Appliances

Atlases and maps

Bedding

Heaters

Cameras

CD players

Coffee makers

Coolers

Flashlights

Hoses

Microwaves

Refrigerator

Floormats

Seat covers

Storage

Power tools

 

These categories can be easily overlooked as not being deductible. However, it’s important for all truckers to realize the importance of each of these categories come tax season. Chrome and cleaning products ensure professionalism and a good reputation. Electronics manage logistics and communication effectively. Truckers need to keep their interior cabins fully furnished to be equipped for long lengths of time on the road. There is a lot of factors that come into play to make a trucker successful in what they do. Make sure to properly claim your tax-deductible items before you file your end of year taxes! If you are looking to spend a little extra before filing as well and want to get your deductions higher, we carry many of these items that qualify at our website or you can check with our parts experts at 888-888-7990.

Trucker-taxes

Who’s ready for tax season?

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