The Annual Load Book was designed by a 3rd generation owner operator with serveral years as both a fleet owner and an owner operator. It has been my experience that you have to know what you are doing first to be able to stay on top of your program and not wake up one morning out of business. The Annual load Book is a tool that helps me stay on track.

Jack's Tips

From time to time I run into or am asked by someone about some hints that help make the business of trucking better and more profitable or more effecient.

Here are a couple of the better tax deferments that are available..

  1. You can deposite up to $6,750.00 per person on your health plan into an HSA tax defered account.
  2. You can also open up a personal IRA account from a financial advisor company like Vanguard, Meryl Lynch and so on. If you are over age 50 then you can annually contribute $6,500.00 and $5,500.00 if you are younger than that. Open one for each person that you want your company to make the contributions into. The nice thing about having a personal IRA account  is that the contributions act as a business expense like fuel and are deducted from your gross income. You can also borrow cash for repairs from your IRA account and you will only be taxed on the portion that you do not replace by the end of the year.

These are just a couple of the best ones that I know about that can help lower your tax liability. Most of us are at a 15% to 18% self employed tax rate so if you need to know what to withhold for future taxes and to pay ahead use that amount and you will always be very close to what your tax liability is.

Happy Trails

Jack Bates

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P.S. If you have missed any of the newsletters or updates you can go to the web site and read them in the blog comment tab.

Though we'll probably never see the day you can drive a truck from California to New York without taking your eyes off the dash, the more financial data you have to analyze, the more likely you will be to make money on that trip. Find the business questions you need answers to, and formulate a program that supplies those answers. Then adopt policies and modes of doing business that make you a better businessperson and watch the effects of those changes in your program as you fine tune your operation. Use the Annual Load Book App to make sure you are controlling every single factor of your operation that you have any control over, and understanding all the ones that are beyond your control. Then you can relax and enjoy the ride, cause the great view hasn't changed a bit.


A while back Anthony had asked me if we could add an option to add a photo of a receipt to a data option. I was concerned about how much data that would take up on the server where your data is stored. Great news we can do that now as working with the technitions at the server company, they have been able to set the images so that they do not overload the server.

  What I have done is added an Expense column. It is located where the Cost per Mile option was. I moved the Cost Per Mile view up to the Menu at the top left. The Expense option is there for you to use as you want to, so simply add the expense categories that you want to use and track. As of right now you can add these expenses however they will not calculate the totals until next year 2017. But it is my suggestion that you start adding the expenses that you want to track anyway.

Another addition to the Expense column is the ability to add an image of the receipt right to the data information. Simply tap the camera icon on the bottom of the expense you added and select take photo or add an image from your gallery



Coming in 2017


In 2017 the summmaries will change so that they only summarize 2017 Data for revenue, miles, cost per mile, Expenses and a NEW Gallons per mile summary (suggested by app user Anthony ). Some of these changes will take place throughout the year, however I will strive to have them done as soon as possible


Please contact me if you have any concerns or ideas about the App and what would make it more valuable to you to use




Jack Bates