Why this matters for owner-operators and fleets The National Taxpayer Advocate is warning that identity checks will continue to slow some refunds this filing season. In guidance published March 9, 2026, the Taxpayer Advocate Service (TAS) noted that during the 2024 filing season the IRS suspended processing of over 1.9…
Short answer: Yes—Crypto.com reports certain 1099s to the IRS If you used Crypto.com in 2025 and sold or exchanged digital assets, expect tax documents—and expect the IRS to get a copy. Under finalized IRS broker-reporting rules, exchanges classified as “brokers” must file the new Form 1099‑DA for applicable 2025 digital-asset…
What’s happening at Ottendorfer New York Public Library’s Ottendorfer Branch in Manhattan’s East Village is hosting free, in-person tax preparation with Single Stop this filing season. The branch lists walk-up service (no appointment) on Wednesdays from 11 a.m. to 3 p.m., with Single Stop as the provider. For owner-operators running…
Why this matters to fleets and owner-operators From paying a lumper at 2 a.m. to settling with an owner-operator after a weekend run, many trucking businesses lean on instant bank-to-bank tools like Zelle. But the tax rules behind those payments can be confusing—and costly if you get them wrong. Below…
STRAIT OF HORMUZ SHIPPING NEARLY HALTS AS SECURITY RISKS SOAR Only two commercial transits were recorded in the last 24 hours, as attacks and GPS interference deter vessels from the vital energy corridor, raising rerouting and insurance costs for shippers. U.S. OIL SURGES; DIESEL FUTURES SPIKE AS GULF DISRUPTIONS DEEPEN…
Why this matters for truckers From lumper fees and detention to same‑day payout for hotshot runs, many owner‑operators and small fleets use peer‑to‑peer apps to move money quickly. But tax reporting rules differ depending on whether those payments run through a personal profile or a business account. Understanding today’s thresholds…
Why this matters now A recent post from ETaxesPro on X (formerly Twitter) urges taxpayers to “take 2 minutes to connect” with a “trusted tax advisor” in the Woodbridge area—timely marketing as filing season hits full stride. For owner-operators and fleet managers, the right advisor can trim tax liability, prevent…
Why this matters now A same-day reminder from a Woodbridge, Virginia–area tax firm on X urging people to “take 2 minutes to connect” with a trusted advisor is a timely nudge for owner-operators and fleet managers who are staring down key March–April obligations. For trucking businesses, taxes touch everything from…
Introduction During the week of February 23 through March 1, 2026, new USDOT registrations totaled 3,779, comprised of 3,487 carriers (92.3% of all filings), 114 brokers (3.0%), and 178 other registrants (4.7%). Activity followed a classic weekday-to-weekend cadence: elevated volumes Monday through Friday, then a sharp pullback on Saturday and…
Why this choice matters now If you’re an owner-operator or building a small fleet, your business structure determines how exposed your personal assets are after a crash, a cargo claim, or a contract dispute—and how you file and pay taxes. Below is a plain‑English breakdown of how a sole proprietorship…
