CONTRACTOR DEDUCTION BREAKDOWN

Deduction Category Item Cost
ACCOUNTING Direct Deposit (Monthly) $10.00
Toll Transponders (BestPass/CompletePass) $5.00 Monthly
Drive Axle (Mobile Scanning App) $0.00
ADVANCES Fuel Cards (Mon and Thu) $150.00
EFS Money Codes
Cash on the card
Credit Cards (Visa) $0.00
COMPLIANCE PrePass $20.00
KY WD Permit $0.00
NM WD Permit $0.00
NY HUT Permit $0.00
OR Permit $0.00
ELD (Motive) $35.00
IRS Hwy Use Tax $550.00
COMMUNICATION Slack (Communication platform) $0.00
DEPOSITS ELD Device $100.00
BestPass Device $100.00
DashCam Deposit (Motive) $350.00
IFTA AZ IFTA License and Decals $0.00
Monthly Calculations $30.00
Quarterly Filings (Est. $200-$300)
IRP / PLATE / REGISTRATION CO or AZ IRP Plates (est $2200-$2500)
INSURANCE Occ / Acc $500k-$1M limit $155.00
Non-Trucking Liability
Comp & Collision Based on the value of the equipment.
Cargo $250K limit / $2500 Deductible / A+ Insurance Carrier
MAINTENANCE National Yokohama Commercial Account (Deep discounts)
Volvo MVP – National Parts Discounted Account
TA Charge Account
Loves and Speedco Charge Account
Blue Beacon Charge Account
Carrier Priority Card
Truck Rental Accounts (Ryder / Penske / Vanguard)