Transportation

Truck driver meals and lodging expenses

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01/26/2019 – By Jason Smale Meals and Lodging Expenses for Truck Drivers Long-haul truck drivers are eligible to deduct meals, lodging and shower expenses against their earnings. However, it’s essential before claiming these expenses that the driver confirms their eligibility under the CRA classification. What is a Long-Haul Truck Driver To be considered eligible for […]

Transportation

The aging receivables dilemma: To freight factor or not?

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08/27/2018 – By Jason Smale The Cashflow problem! Managing receivables and maintaining a positive cash flow is a challenge for every business, the trucking industry is no different. Whether you’re dealing with larger clientele and they delay payment on receivables for upwards of 60 to 90 days, or you’re an owner operator dealing with companies […]

Strategic Planning

Benefits of Incorporating

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08/05/2018 – By Jason Smale Below we will discuss with you the benefits of incorporating your small business. Remember, no one situation fits all, what may be appropriate and beneficial for one business owner may not be the right fit for another. It is important that you speak with an educated professional before registering a […]