{"id":9719,"date":"2025-12-02T21:13:56","date_gmt":"2025-12-03T01:13:56","guid":{"rendered":"https:\/\/truckstopreport.com\/newtsr\/?p=9719"},"modified":"2025-12-05T20:10:21","modified_gmt":"2025-12-06T00:10:21","slug":"end-of-year-planning-for-company-drivers-2025-edition","status":"publish","type":"post","link":"https:\/\/truckstopreport.com\/newtsr\/end-of-year-planning-for-company-drivers-2025-edition\/","title":{"rendered":"End-of-Year Planning for Company Drivers: 2025 Edition"},"content":{"rendered":"
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Please note: This is not legal or accounting advice and should be used for entertainment purposes only. You absolutely will need to do a deeper dive research on each step and consult with an attorney [or multiple ones] to do this legally and safely. Consider a LegalShield Small Business<\/a> plan as an option to save on your legal expenses.<\/p>\n<\/blockquote>\n

As 2025 rolls toward its final stretch, it\u2019s a smart time for company drivers to hit the brakes and check their mirrors\u2014not just on the road, but on their personal and financial goals. A little planning now can lead to a smoother ride in 2026. Here\u2019s your year-end checklist to make sure nothing gets left in the dust.<\/p>\n

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? 1. Review Your Pay Stubs and Earnings<\/h3>\n

Before the final paycheck of the year hits, make sure your earnings, mileage, bonuses, and deductions have been accurately recorded. Pay close attention to:<\/p>\n

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    Total gross income vs. net pay<\/p>\n<\/li>\n

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    Per diem adjustments (if applicable)<\/p>\n<\/li>\n

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    Any reimbursements owed<\/p>\n<\/li>\n

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    Benefits contributions (health, dental, retirement)<\/p>\n<\/li>\n<\/ul>\n

    You don\u2019t want to discover a missing safety bonus or fuel reimbursement in February when it\u2019s too late to fix.<\/p>\n

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    ? 2. Prep for Tax Season<\/h3>\n

    Even as a company driver, there are still tax moves to make:<\/p>\n

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      Confirm your W-2 address<\/strong> with payroll or HR<\/p>\n<\/li>\n

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      Gather receipts for any out-of-pocket expenses<\/strong> not reimbursed (e.g., work gear, parking fees)<\/p>\n<\/li>\n

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      Consider pre-paying certain expenses (like union dues) before December 31<\/p>\n<\/li>\n

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      If you received a sign-on or referral bonus<\/strong>, make sure taxes were properly withheld<\/p>\n<\/li>\n<\/ul>\n

      Start a 2025 tax folder now\u2014it\u2019ll save you a headache later.<\/p>\n

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      ? 3. Use or Boost Your Benefits<\/h3>\n

      Many company driver benefits reset at year-end. Now\u2019s the time to:<\/p>