Category: Rookie trucking tips

You NEED These Documents In The Cab Of Your Truck

Hey, it’s ExpressAmber, and today we’re going to talk about important paperwork that you should have in your truck.

All right, so it’s no secret that I have said over all of these years how complicated it is to be a truck driver. Sometimes people think, “Oh, like, oh, they’re just driving a truck,” and there’s so much more to driving a truck than just driving the truck. You go to school for weeks and months to just learn how to drive the truck.

A lot of times what I have found, though, is that the schools don’t teach you the paperwork side of things. They don’t teach you how to manage your business from a working aspect number one, but then number two, all of the taxes and the registrations and the renewals and updates that you have to keep up with. A lot of times that’s not taught in trucking school.

So, I know that there’s dispatching schools and all sorts of other types of schools to teach you how to do those specific things, but again, what kind of paperwork do you need in your truck? Are you required to have in your truck? And so, I have a list of documents that you could be required.

Again, a lot of it depends on the state, the DOT officer that pulls you over, all of that good stuff, but I have a list of documents that you could be required to have in your truck. This might be helpful for you to just get this all together and that way when you are pulled over for a DOT inspection or pulled over, you have it together all in one place that you’re able to just hand over and you have all of this right there in your truck.

So, number one, your truck and your trailer registration, also the DOT inspection for your truck and the trailer. It’s also important to have your rental or your lease agreement for the trailer if applicable. Again, this is something that if you have your own trailer and you have the lease agreement for that trailer, you want to have that with you.

Your proof of insurance, having a copy of that is super, super important. Your IFTA license, your IRP registration, a lot of times those things go together. When you’re getting IRP, you also have to get IFTA. And so, a lot of times people just keep that together, but your IFTA license again, and that renews every year, and so you want to make sure that you have your updated IFTA license with you. The same thing with your IRP, your registration card, make sure that you have the current one in your truck with you.

A copy of your UCR registration, now again, this isn’t necessarily required, but it’s always better to have more information than not enough information. So, your UCR, again that renews every year, and so make sure you have the current UCR registration with you. If the DOT inspector officer asks for it, you have it. A copy of your other state fuel permit, so again, if you’re traveling in Kentucky, New York, Oregon, you know how you have your KYU or your Oregon State permit, those things make sure you have a copy with you.

And that way, again, if you are pulled over and you are asked for those things, you have those other state permits with you. Your liability insurance, your medical examiner certificate, and then your ELD manual and also a malfunction guide. Those manuals that go with your ELD again, make sure they’re in the same place where all of this other paperwork is to show that you have those readily available if you need them. And then also just general information, your MC number, your DOT number.

Again, if you have those state permits, what are your numbers there in those states? All of this is good to have together because, again, when you are pulled over, that is not the time to freak out about, ‘Oh my goodness, do I have all of my paperwork together?’

Have it together in a folder along with all of these other required documents, such as the Form 2290. Again, that is an annual tax that’s due to the IRS. Typically, July-August are the deadline periods for that. And when you have your 2290, you get a stamped Schedule 1, and that’s basically the receipt of filing.

So, you’ll need that to update your IRP to renew your registration plates. All of these forms kind of intermingle with each other at some point, so you should have a copy of your Form 2290, your stamped Schedule 1 with you as well to show that you’re up to date, again, and it just will back up those other documents.

So, these are some of the required documents that you should have together in your truck at all times. If you have further questions or you have another topic that you would like me to discuss, comment down below, and I’ll be happy to do that.

And always subscribe to my channel so you get notifications when I have a new video. Thanks so much, and I look forward to helping you. Bye.

Trucker Budgeting Tips To Really Help You Save

ExpressTruckTax encourages trucking businesses to budget

Trucking gives you freedom. It provides the ability to drive all over the country without coworkers breathing down your neck and if you’re an owner-operator then you even get to be your own boss. However, with great power comes great responsibility.

In today’s case, we mean spending responsibility. Trucking can be very expensive, especially when you’re just starting out. Before you establish yourself as a reputable driver you may have to really nickel and dime a few things. A proper budget can make or break you in the transportation industry, so check out a few budgeting basics.

How To Create A Trucking Budget

Know Your Numbers

Before you start spending it’s a good idea to know how much you can actually spend. Meet with an accountant or financial advisor to see how much of a loan you can get when you decide to start up your trucking company.

Also, you will want to know how much you’re making and spending. These numbers can be easy to track with the help of a program like TruckLogics. TruckLogics will track your expenses and income so you can run financial reports at any time to see exactly where your money is coming and going.

Cut Costs
Once you know how much you can spend, you don’t have to spend it all. Cut costs and allocate money to the proper places. If you need office supplies consider getting refurbished computers. Also, you don’t have to buy the top of the line, brand new rig. Look into your used options or consider leasing.

The top 3 trucker expenses are gas, food, and lodging. Save on fuel by slowing down to improve fuel efficiency or consider getting a fuel card for rewards. Also, buy your on the road snacks in bulk to save and cook your own meals in your rig.

Last but not least, to save on lodging, stop sleeping in motels. Outfit your sleeper cab to be comfortable enough for a great night of rest.

Then put all the money you save from cutting costs into your actual savings. You will need it in case business becomes slow or something happens to one of your trucks. In the event of an emergency if you don’t have savings to pull from then you could find yourself in trouble.

Consider Your Options

Don’t just jump in and impulsively buy things. If the first insurance policy you’re offered looks good read the fine print anyways. It may offer more coverage than you need, so be sure to see what your state actually requires.

Also, things like bobtail coverage to protect your truck while in operation without a trailer or physical damage coverage may cost extra.

ExpressTruckTax helps truckers file Form 2290 on time

Do you really need an assistant back at home to cover your books and manage dispatches or can you do it all yourself with the help of a trucking business management program like TruckLogics?

Be On Time

Nothing stings like late fees, so be on time. File your 2290 online by the deadline with the help and ExpressTruckTax and stay on top of your quarterly IFTA return with ExpressIFTA. Also, pick up and deliver your loads on time!

Time is money in this business, so you don’t want to keep people waiting. Plus, you can even be fined for delivering loads late and in some cases, you may have to wait until the next day to come back and unload your freight. That extra day of waiting won’t just be frustrating because it will also be expensive.

Happy Trucking

We know you’re in the trucking business because you love it, and we know you can make it. Soon you will grow your business to new levels and with the help of budgeting, you will be able to save faster. You never know when those savings will come in handy, so be prepared when an emergency or great investment opportunity comes along.

Please add your budgeting tips in the comment section below and visit ExpressTruckTax.com for more trucking blogs.