Trucking Companies
Tax & Accounting for Trucking Companies
Why Pacific Northwest Trucking Companies Trust Us
Running a trucking business in Washington or Oregon isn’t easy. Between multi-state tax rules, unpredictable fuel costs, and constant regulatory changes, your margins are always under pressure.
Consider this:
According to the American Transportation Research Institute, Oregon is the most expensive state for trucking-specific taxes at over $25,000 annually, with Washington not far behind.
Lewis Group CPAs works exclusively with trucking professionals across the Pacific Northwest. Whether you’re managing IFTA filings or making decisions about buying vs. leasing your next rig, we speak your language and understand your challenges.
With us, you get more than basic tax prep. You get a strategy built for your lane.
Complete Financial Support for Trucking Companies
We offer practical accounting solutions tailored to the daily operations of Trucking Companies and owner-operators.
Accounting Services
It’s like having your own accounting department
Tax Preparation
Professional Tax Preparation and Analysis: A Game-Changer for Your Business
Payroll Services
We Take the Pain out of Cutting Checks
The Hidden Costs That Hurt Trucking Companies Most
Industry data shows that 80% of new trucking companies fail in their first year. That’s not just due to fuel prices or freight demand. It’s often financial missteps like:
- Overlooking critical deductions
- Poor cash flow during downtime
- Inefficient driver payment models
- Late or missed tax filings
In 2023 alone, over 31,000 trucking companies shut down due to a combination of tax pressure and cash crunches.
When your trucks are on the road, your finances should be just as efficient behind the scenes.
Client Success Stories
Results That Speak for Themselves
Get a Plan That Works For YouI’ve been a happy client for over five years, the service only gets better each year. Prompt, efficient, and knowledgeable. Lewis Group handles my LLC bookkeeping and tax returns. Highly recommend!
Multi-state tax penalties and IFTA filing issues
Streamlined reporting system and quarterly planning
Saved $47,000 in annual tax liabilities
Tight cash flow during seasonal freight lulls
Implemented better forecasting and financing
Increased cash availability by 35%, expanded fleet by 8 trucks
High turnover due to unclear contractor terms
Overhauled payment structure and clarified contracts
Retention improved by 60%, admin costs down by $23,000
Take Control of Your Financial Future
You already know how thin trucking margins can be. A few smart decisions can mean tens of thousands in savings.
Our team offers a 45-minute free review for trucking professionals. We’ll walk through:
- Missed deductions and overlooked credits
- Equipment depreciation strategies
- Profit-per-mile and fuel cost tracking
- State-by-state compliance risks
- Tools to simplify monthly accounting
Trucking is your business. Helping you make the most of every mile is ours!
Frequently Asked Questions
Our clients often save $15,000–$50,000 in the first year through strategic planning. Larger fleets save even more.
We know the rules, the loopholes, and the deductions unique to trucking. We catch what generalists miss.
Absolutely. We help you evaluate cost, compliance, and long-term tax impacts for either setup.
We file in every state you haul through and keep track of varying tax rates and regulatory requirements.
Fuel, repairs, per diem, depreciation, tolls, communication equipment — we make sure you don’t.
We do both. Monthly reports, forecasting, profit-per-mile tracking — everything you need.
You’ll see the organization in 30–60 days. Full optimization typically happens within the first quarter.
Yes, we break down the pros and cons for both tax impact and cash flow.
We specialize in trucking, focus on Washington and Oregon laws, and deliver measurable results for real fleets.