The U.S. Department of Labor recently issued a final rule to define who is and is not an independent contractor. That rule has raised concerns among many independent contractors in trucking. So what does the rule say, and what does it mean? We’ll have a rundown. Also, when it comes to factoring, you have to take a lot of things into account to ensure you keep yourself and your business safe. We’ll have some advice. And what documents do you need in order to file your taxes? What are the actions you need to take so you’re prepared when it comes time to fill out those forms? We’ll explain.
10:07 – How to spot red flags in factoring
24:49 – What documents do you need to file taxes?
39:14 – The new independent contractor rule and how it affects you
Links, email addresses, phone numbers and more information
- ATRI is asking motor carriers and owner-operators to share details on their experience with driver detention and how it relates to their operations. You can take the survey here.
- Early bird registration for the Mid-America Trucking Show is now open through Feb. 28.
- If you need to check out a factoring company, go to the International Factoring Association website.
- If you have questions about tax matters, you can visit the MBA Tax and Bookkeeping Service website.
- Whether for truck parking funding, stopping speed limiters or getting overtime pay for company drivers, get your lawmakers on board with a quick email sent from Fighting For Truckers.
- You can donate to the Truckers For Troops fund all year.
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Catch up on the news with Scott Thompson
One automatic emergency braking rule moves forward, with one for heavy-duty vehicles not far behind. FMCSA makes updates to the Medical Examiner’s Handbook. And looking to attend MATS in March? There’s a benefit to registering now.
How to spot red flags in factoring
When it comes to factoring, you have to take a lot of things into account to ensure you keep yourself and your business safe. We speak with OOIDA’s advocacy counsel about the International Factoring Association and how to spot red flags in factoring companies.
What documents do you need to file taxes?
What documents do you need in order to file your taxes? What are the actions you need to take so you’re prepared when it comes time to fill out those forms? The fact is, paperwork is a necessary part of running your own business – and it’s something that can put money back into your pocket, instead of the IRS’.
The new independent contractor rule and how it affects you
The U.S. Department of Labor recently issued a final rule to define who is and is not an independent contractor. That rule has raised concerns among many independent contractors in trucking. So what does the rule say, and what does it mean? We’ll have a rundown.
