Why MCAs Squeeze Trucking Cash Flow When freight softens or a major repair hits, many small fleets and owner‑operators turn to merchant cash advances (MCAs) for fast working capital. Unlike a traditional loan, an MCA typically takes a fixed, daily or weekly slice of receivables, which can choke cash flow…
What happened and why it matters now A former Internal Revenue Service employee, Kathleen Mannion, 59, of Lawrence, Massachusetts, was sentenced on March 4, 2026, to 18 months in federal prison and three years of supervised release after pleading guilty to filing false tax returns and theft of government money.…
Why this matters to trucking businesses If you sponsor a 401(k), SIMPLE IRA, or other benefit plan for drivers and back-office staff, seemingly routine admin missteps can draw the attention of the U.S. Department of Labor (DOL) or the IRS. A new KLR advisory (published March 2, 2026) spotlights the…
Free help, right where you park it If you run loads in and around New York City, there’s a no-cost way to get your return filed before the crunch. The New York Public Library’s Dongan Hills branch on Staten Island will host “Tax Preparation with Single Stop” on Thursday, April…
IEA AGREES RECORD 400M-BARREL OIL RESERVE RELEASE TO EASE PRICE SPIKE Member countries will make 400 million barrels available from emergency stocks to counter market disruptions tied to the Middle East war — a move with major implications for diesel and gasoline costs. DTNA TO OFFER SIX CUMMINS ENGINES, INCLUDING…
What’s new from the National Taxpayer Advocate — and why fleets should care The National Taxpayer Advocate (NTA) has posted a string of timely blogs that matter to owner-operators and fleet managers heading into the heart of filing season. On March 10, 2026, the NTA explained practical steps if you…
Introduction For the seven days ending Sunday, March 8, 2026, the USDOT recorded 4,025 new registrations: 3,730 carriers, 106 brokers, and 189 other registrants. That equates to a 575-per-day average and marks a new weekly high for 2026 in this dataset. Activity remained concentrated on weekdays (peak 795 on Tuesday,…
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…
