Data Accuracy & Disclaimer

OOProfit is a bookkeeping tool, not a tax advisor

OOProfit helps owner-operators track income, expenses, fuel, maintenance, and per diem days. The numbers shown in your reports — including Tax Prep Summaries — are calculations based entirely on the data you enter. We do not file your taxes, give tax advice, or guarantee that any figure is correct for your specific situation.

Always verify your numbers with a licensed CPA or tax professional before filing.

Your reports are only as accurate as your entries

OOProfit cannot verify that the loads, expenses, fuel stops, or per diem days you log are accurate, complete, or categorized correctly. If you enter wrong amounts, wrong dates, or skip entries, your reports will reflect that — and your Tax Prep Summary will be off.

• →Log every load you haul — missing loads means understated income.
• →Log every qualifying expense — missing expenses means overpaid taxes.
• →Log every overnight trip for per diem — missing days means missed deductions.
• →Choose the correct expense category — wrong categories misplace deductions on Schedule C.

Per diem rates change annually

OOProfit uses the IRS special transportation industry per diem rate to estimate your Schedule C meals deduction ($80/day full, $60/day partial as of 2024). This rate is set by the IRS each year and may change. The app displays the rate used in each report — always confirm the current year's rate with your CPA before filing.

No guarantee of fitness for tax purposes

OOProfit is provided "as is." We make every effort to calculate figures correctly, but we make no warranty — express or implied — that any report, summary, or number produced by OOProfit is suitable for use in filing federal, state, or local taxes. Use of OOProfit does not create a client-professional relationship of any kind.

3SquareLabs LLC, the maker of OOProfit, is not liable for any taxes, penalties, interest, or other costs that result from errors in data you enter or actions you take based on reports generated by OOProfit.

Your data belongs to you

Your data is stored securely and is never sold to third parties. You can export a full copy of your data at any time from Settings → Export My Data. If you cancel your subscription, your data remains in our system for 90 days — long enough to resubscribe and pick up where you left off.

Questions?

If you have questions about how OOProfit handles your data, or how a specific report works, reach us at Contact.