Let it Bee Solutions Services

The primary role of a tax consultant or a tax advisor is to help people and organizations in paying their taxes. They hold expertise in tax law, tax compliance, and tax planning. Both individuals and business owners can hire a tax consultant for long and short-term tax optimization. Hiring one can help you pay only the required tax and avoid any tax liabilities at the end of the financial year. Tax planning plays an important role in the financial growth story. ​

Our team helps with your accounting needs. With our team of professionals, we understand the responsibility and importance of handling the details of meeting all regulations, obligations, and the endless paper trail of running your company. We understand that many in this industry hardly have time to bother with anything other than the work of driving a truck down the road. That's why the Let it Bee Solutions team has the tools and expertise to track every expense.

A 2290 also known as a Highway Use tax, is a annual tax that all trucks at or exceeding 55,000 lbs are required to file. 2290 fee is based on weight group and required purchase month. Anyone running 4,999 miles and under are eligible, and must file under suspension. Under suspension is only accepted if vehicle operates less than 5,000 miles a year. Your Highway Use Tax is a annual tax that runs from July 1st to June 30th, which you are given till the end of August to renew.

Only a process agent, on behalf of the applicant (carrier), can file Form BOC-3 (Designation of Process Agents) with the FMCSA.  A broker or freight forwarder applicant, without CMVs, can file Form BOC-3 on their behalf. Only one completed form may be on file. It must include all states for which agency designations are required. One copy must be retained by the carrier or broker at its principal place of business.

There are a couple of different ways we can set up authority for you: -Your Own Authority......Interstate (pickup in and out of IL) or Intrastate (pickup and drop off the same load in IL only) MC/DOT     *BOC-3     *IL-MC *UCR                                       -IL Authority Only ​                         *IL Certificate                             *IL Cab Card

Quarterly Fuel Taxes are required to be filed if you are running under an IFTA account. Fuel Taxes consist of using trip reports which keep track of your dates, states, routes traveled, odometers, miles, and fuel. If you were to ever be in an audit for Fuel Taxes they would request to see copies of your trip reports (not log books) along with copies of your fuel receipts. Fuel taxes are required to be filed four times a year April, July, October, and January.

IRP Plates are plates that allow you to travel in and out of the states to pick up and drop off loads. You will have access to a total of 59 states which also includes Canada. To travel in and out of the states you are required to be running under a safety carrier's DOT/MC number if you do not already have your authority. If you are planning on traveling through Kentucky, New York, New Mexico, or Oregon you will be required to get additional permits.

Many different permits are required to be legal to drive. An IFTA permit is a permit that is required to be able to drive legally in any state. New Mexico, New York, Kentucky, and Oregon Permits are all additional permits that you would need along with an IFTA permit to be legal in those specific states. When applying for a permit you are required to file fuel taxes to stay active. To acquire permits please contact us for assistance or visit us at our address in Chicago Illinois.