28 Tax Write-Offs for Moving And Hauling Companies | Beem

NAICS code: 562000

As a mover and hauler, you know that if you are going to move large amounts of stuff, you need to keep a sense of balance. There are many times when movers do their taxes, but they fail to take the balance into account when they do so.

This is why we have simplified the process for you so that it’s easier for you. The most effective way to reduce your tax bill for movers and haulers is to take advantage of the write-offs that are most suitable for them, so you can fit even more earnings into your budget. In the end, why would you want to move more money to the IRS than is absolutely necessary? Make sure you lift all those extra savings with your legs, not with your back when you lift all those extra savings!

We have put together a list of the most common write-offs for moving and hauling companies that you can use to deduct your expenses.

Productivity software
Write it off using: Schedule C, Box 18
Invoicing software, expense tracking software, timesheet software, and so on are deductible expenses.
Apps for productivity
Write it off using: Schedule C, Box 27a
The deduction applies to any work-related app, including navigation apps and tax software.
Advertising
Write it off using: Schedule C, Box 8
Expenses incurred for online and print advertising are considered write-offs for your business.

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Website & hosting fees
Write it off using: Schedule C, Box 8
A website service fee paid to Squarespace, Wix, GoDaddy, or any other website service provider is fully deductible.
Protective gear
Write it off using: Schedule C, Box 27a
If you wear protective gear while performing electrical work, such as goggles and gloves, you can write it off.
Moving truck or van
Write it off using: Schedule C, Box 13
You wouldn’t be capable to do your job without a moving vehicle. Taking depreciation into account on your tax return is an option if you own your truck or van.
Transporting equipment
Write it off using: Schedule C, Box 22
From hand trucks to straps, Uline has it all. In this case, you are allowed to deduct these tools and supplies since they are necessary for your job.
Repairs of equipment
Write it off using: Schedule C, Box 21
If you need to perform maintenance or repairs on your equipment, you will be fully deductible for those costs.
Insurance for movers
Write it off using: Schedule C, Box 15
In order to protect your business, and yourself, you need to purchase cargo insurance, full-value coverage, and released value coverage. Those expenses can be deducted.
Wages of employees
Write it off using: Schedule C, Box 26
Does your business pay its employees on W-2 forms? It is a write-off of their wages.
Employee benefits
Write it off using: Schedule C, Box 14
Employees require health insurance and other benefits, so you’ll spend money on them. This is a tax deduction that you can take advantage of.
Assisting contractors
Write it off using: Schedule C, Box 11
Tax deductions are available for freelancers, contractors, and other business services that you use to run your business.

If you drive for work ...

You might spend a lot of your time zipping around town to meet clients, finish assignments and do your research among other tasks. Luckily, you can write off car-related expenses like maintenance and gas. Keep these tax write-offs in mind as a growing .

Parking
Write it off using: Schedule C, Box 27a
Parking for a meeting downtown, or any other work trip, is tax-deductible!
Tolls
Write it off using: Schedule C, Box 27a
A toll while driving to or from a work destination is tax-deductible!
Car purchase & depreciation
Write it off using: Schedule C, Box 13
If you buy a new car, you can write off part of the cost every year for five years.
Vehicle tool kit
Write it off using: Schedule C, Box 22
Flashlights, tire iron, duct tape, and other tools you may need in your vehicle are deductible.
Car insurance & registration
Write it off using: Schedule C, Box 15
Car insurance monthly fees, registration, even roadside assistance are partially deductible.
Car maintenance
Write it off using: Schedule C, Box 9
Oil changes, repairs, and regular checkups are all tax-deductible if you drive for work.

If you discuss work at a restaurant ...

Networking is a core practice of a successful and it can also be added to your tax write-offs. You likely often meet clients or people in your field at restaurants to chat about work, discuss projects and sign deals. When you do, remember to write off your business meal expenses.

🍔 Business meals
Write it off using: Schedule C, Box 24b
If you discuss work with a coworker, mentor, client, or prospective client, it’s a write-off!

If you leave town for work ...

Meeting an out-of-town client, attending a conference or networking is all part of the job. There are many reasons for you to travel for work as a busy and they can all be added as tax write-offs. They also count as business trips, so you can write off your travel costs.

Transportation
Write it off using: Schedule C, Box 24a
Planes, trains, and car rentals are all work-related travel costs that can be written off.
Travel lodging
Write it off using: Schedule C, Box 24a
When you travel for work, lodging expenses such as hotel rooms or Airbnb are write offs.
Meals while traveling
Write it off using: Schedule C, Box 24a
When you’re traveling for work, all meals are tax-deductible. Even takeout!

If you work from home ...

When you’re not busy working outside, you might spend your time working from your home as a successful and many activities count as tax write-offs. These include business plans, promotional work and coming up with new strategies. In this case, don’t forget to write off your home office expenses!

Home office furniture
Write it off using: Schedule C, Box 18
A desk, chairs, lamps, and other home office necessities are all tax write-offs.
Property repairs
Write it off using: Schedule C, Box 21
You can write off up to $2,500 for individual repairs to your property.
Power bill
Write it off using: Form 8829
Gotta keep the lights on in your home office! A portion of your electricity bill counts.
Property insurance
Write it off using: Form 8829
Whether it’s rental or homeowners insurance, you can write off a portion through your home office deduction.
Water bill
Write it off using: Form 8829
It’d be hard to work in an office without running water, huh? You water bill counts.
Wi-Fi bill
Write it off using: Schedule C, Box 25
Your Comcast bill is a tax write-off. You need internet to do your job!