With a diverse portfolio of transportation clients, ranging in size from large multi-state warehousing and distribution trucking companies, to limousine and local area cab companies, MillerMusmar can offer you the experience and expertise to handle all of your transportation company needs.
Due to the nature of the business, the industry is subject to specific licensing, accounting, and tax requirements. Transportation companies are continuously in the public eye. Is your company in compliance?
Did you know that, if you qualify, the fuel tax credit will reduce your tax liability? Are you properly apportioning your multi-jurisdictional activity in order to minimize your tax liabilities? Thinking of expanding your services? Have you been able to determine if it will be profitable to do business in a particular jurisdiction once your company is subjected to the local tax statutes? Many transportation businesses are subject to specific excise and highway use taxes based on the type and location of the operations. Are you aware of how these taxes will affect your bottom line?
MillerMusmar can ensure that your accounting system is designed to capture your transportation activities such as, mileage data, origination and destination of sales, local and interstate registration requirements, and the numerous other peculiarities of your industry. We can assist you in determining if it is in your company's best interest to have "employees" or use "independent contractors" as your drivers. Our team of professionals will review your liability insurance coverage for adequacy and completeness to ensure that your business will continue should an unforeseen loss occur. Your job is servicing the public; our job is servicing you.