Freight Broker Tax Tips – 7 Tips that Every Freight Broker Should Know

 

All businesses have to pay taxes and freight brokers and freight agents aren’t any different. The secret is to maximize your tax strategy to avoid over paying. That’s why I decided to share from freight broker tax tips I learned along the way.

Freight Broker Tax Tips

7 Ways to Save Money on Your Taxes That Every Freight Broker Needs to Know.

#1 – Hire a professional to file your taxes.

#2 – Keep close track of your receipts both physical and digital.

#3 – Fund your retirement now and save money later.

#4 – Deduct your home office.

#5 – Deduct your car expenses.

#6 – Hire a family member.

#7 – Take advantage of penalty relief if eligible.

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No matter how successful you are as a freight broker or freight agent we all have to pay taxes.  Honestly I don’t mind paying taxes but you can bet your butt I am not going to pay a dime more than is legally required.

So take advantage of these freight broker tax tips and I promise you will save a ton of money in the long run!

Did this post help you out?  If so, I’d greatly appreciate it if you’d comment below or SHARE  on Facebook, Twitter or LinkedIn and be sure to click the g+1 logo and let Google know too!

Cheers,

Dennis Brown
Owner/Trainer, www.FreightBrokerBootcamp.com

DENNIS BROWN
Owner, CEO

Dennis Brown the freight broker, is the owner of FreightBrokerBootCamp.com and former CEO of Logistic Dynamics, Inc. (LDi) one of North Americas fastest growing logistics providers. Dennis has over 25 years of hands on experience as an entrepreneur and is widely regarded as an expert in logistics, freight brokerage, business growth strategies and B2B sales and marketing. Dennis became a freight broker in 2003, as a one man operations with NO industry experience . He went on to do over $200 million as a freight broker, eventually selling the freight brokerage to spend more time with his family. Dennis Brown has trained over 10,000 students, in 16 different countries, how to become a freight broker or freight agent. Many of his students have went on to build highly successful and highly profitable freight broker businesses.

1 Comment
  1. Kris

    Can I start my own brokerage and work as an agent for another brokerage at the same time?

    March 28, 2018 at 11:34 pm

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