Oprah Winfrey once said, “A mentor is someone who allows you to see the hope inside yourself.” We know that mentors are important to each of us in advancing our careers and finding the hope inside ourselves. The Women In Trucking Association (WIT) is offering a program focused on matching female drivers who are new to the industry, with women who have been behind the wheel for years.
In an effort to understand the needs of female commercial drivers WIT partnered with Sawgrass Logistics to conduct research identifying their challenges. One of the questions involved their driver training and whether they were offered a mentor or not. Unfortunately, 84 percent said they had not been given the option to work with a mentor. Those drivers who were provided with a mentor reported that twelve percent were matched with a male mentor and only three percent were given a female mentor.
The Form 2290 to report and pay the Federal Heavy Highway Vehicle Use Tax returns with the IRS for the Tax Filing Period July 2021 through June 2022 is now due for renewal. It’s trucker tax season again. Taxpayers who register, or are required to register, large trucks and buses should get ready to file Tax Year 2021 Form 2290, Heavy Highway Vehicle Use Tax Return.
Year-round tax planning is for everyone. An important part of that is recordkeeping. Gathering tax documents throughout the year and having an organized recordkeeping system can make it easier when it comes to filing a tax return or understanding a letter from the IRS.
Good records help:
Identify sources of income. Taxpayers may receive money or property from a variety of sources. The records can identify the sources of income and help separate business from nonbusiness income and taxable from nontaxable income.
Mistakes are a part of life, we take action and we learn from them. Most mistakes made on tax returns are due to trial or human error and can be easily corrected by filing amendments. There are however few instances where certain errors might go unnoticed and the IRS will send you a notice by mail to keep you informed. The notice or letter will explain the reason for the contact and brief you with detailed instructions on how to have this resolved.
There are many reasons why the IRS may send a letter or notice. It typically is about a specific issue on your federal tax return or tax account. The IRS generally sends notices and letters based on the following grounds:
Taxpayers who e-file can get a stamped Schedule 1 within minutes after the IRS accepts the form. Due to COVID-19, those who choose to file on paper can expect a significant delay in receiving their IRS stamped Schedule 1.