A Complete Guide to Taxes, Benefits & Withholdings in Payroll for Truck Drivers
A Complete Guide to Taxes, Benefits & Withholdings in Payroll for Truck Drivers Payroll in the trucking industry is rarely straightforward. Between long-haul routes, multi-state operations, and varied pay structures, truck driver compensation involves far more than just cutting a check. Taxes, benefits, and withholdings play a critical role in ensuring drivers are paid correctly and companies stay compliant. Yet, these elements are often misunderstood or oversimplified, leading to confusion, errors, and sometimes costly penalties. This guide breaks down the essentials of how taxes, benefits, and withholdings work in trucking payroll, offering clarity for fleet owners, payroll managers, and anyone navigating this complex space. Understanding driver classification and why it matters Before diving into deductions and benefits, it’s important to understand driver classification. Whether a driver is classified as an employee or an independent contractor directly impacts how taxes and wi...