Lucero's Income Tax Services

09/02/2026

09/02/2026

Que es una deducción legítima de gastos de negocio ? A continuación te dejad una descripción

09/02/2026

Tax Tip: Not every expense qualifies in every situation. Keep receipts and records, separate business and personal expenses, and talk with your tax professional (us! 😊) before claiming deductions.
One important distinction: Buying a truck doesn’t automatically mean you deduct the entire purchase price as a regular expense. Depending on the truck, business use, purchase date, financing, and tax situation, the deduction may come through depreciation, Section 179, bonus depreciation, or another method.

Interest: Interest on qualifying business loans or truck financing may be deductible, subject to applicable rules.
Depreciation: trucks and other qualifying equipment may be depreciated, and some property may qualify for Section 179 or bonus depreciation. For 2026, the Section 179 maximum is $2.56 million, although several limitations and eligibility rules apply.

Licenses, Permits, & Fees: CDL-related business costs.

Truck equipment & supplies.

Technology.

Insurance: Commercial auto liability, Physical damage, cargo, Bobtail/non-trucking liability, Occupational accident, and other business insurance.
Meals while traveling: Qualifying interstate truck drivers subject to DOT hours-of-service rules may generally deduct 80% of eligible business meal expenses while traveling away from their tax home.
Lodging & travel: Hotels or Motels required while traveling away from your tax home for business can generally qualify as travel expenses.
Professional services: Bookkeeping, Accounting, Tax preparation, Payroll, Legal fees, and other professional services related to the trucking business.
Office/Business expenses: Postage, Printer supplies, paper, Business cards, Advertising, Bank fees, Factoring fees, Merchant fees, and Business software.
Employees/contractors: Qualifying wages, Payroll taxes, and Contractor expenses can generally be business deductions.

09/02/2026

We are less then 2 weeks away from Sept. 15th! Just a reminded to get your documents in order and contact your tax preparer a.s.a.p.!

09/01/2026

💸 Q3 ESTIMATED TAX PAYMENT REMINDER! 💸

📅 September 15, 2026 is the deadline for the third estimated tax payment for the 2026 tax year.

Need help reviewing your Q3 numbers? Contact your tax professional before the deadline.

08/31/2026

A breakdown of the Trump Accounts (530A IRA)

08/29/2026

Remember Late August/Early Sept. is the unofficial cut off for S-Corporation owners to fix their payroll! Contact us today! (214)596-0290 😁

08/29/2026

One card for business. 💳 One card for personal. 💳 No exceptions. 🚫

08/28/2026

Attention Notaries: Did you know that not all notary income is taxed the same? While fees for official notarial acts aren’t subject to self-employment tax, other payments like travel and document handling may be. Understanding these distinctions is crucial for accurate tax reporting. Stay informed and avoid overpaying. For more insights: https://ow.ly/QIhf50ZERzN

08/28/2026

Ya estás preparado para llenar la declaración de impuestos de tu Compañía la extensión de tiempo ya está por terminar