Understanding How FUTA Affects Your Food Truck
Food truck owners must pay federal and state unemployment taxes in order to fund the unemployment tax system. Unemployment compensation is designed to pay benefits to [...]
Food Truck Tax Basics
Food truck tax filing obligations to the Federal government. The dates that food truck taxes are due are typically based on the legal structure (we’ll [...]
Filing For A Food Truck Tax Return
It's tax day again and as many of you know, completing and filing a small business tax return for your food truck business is different [...]
2020 Standard Mileage Rates For Food Trucks
The Internal Revenue Service has issued their 2020 standard mileage rates. Used these rates to calculate the deductible costs of operating your food truck. As [...]
Tax Tips For Food Truck Vendors Operating As A Sole Proprietor
As a food truck that operates as a sole proprietor, you are in charge of your own business. As far as the tax code is [...]
2019 Standard Mileage Rates For Food Trucks
The Internal Revenue Service has issued their 2019 standard mileage rates. Used these rates to calculate the deductible costs of operating your food truck. As of Jan. 1, [...]
Tax Tips For Students With A Summer Job In The Food Truck Industry
Are you a student who is earning extra cash in a food truck this summer? As the economy picks up, young people 18 and older [...]
6 Food Truck Tax Tips Your CPA May Have Missed
The US tax code is something even the legislators who write it don’t fully understand, so it’s no wonder that even CPAs can neglect to [...]
2018 Standard Mileage Rates For Food Trucks
The Internal Revenue Service has issued their 2018 standard mileage rates used to calculate the deductible costs of operating your food truck or other vehicles for [...]
How Trump Tax Bill Will Affect Your Food Truck Business
The final version of the Trump tax bill seems to be hours away from being signed into law. Developed as a combination recent House and Senate tax bills, this [...]