Guides and updates on trucker taxes, Form 2290 HVUT, IFTA filings, business expenses, and financial tips for owner-operators.
Why a medical‑device tax case matters to carriers Transfer pricing may sound far removed from trucking, but the rules that decide how profits are split among related companies can hit diversified fleets, cross‑border carriers, and logistics groups with captive maintenance…
Why this app is on truckers’ radar right now Shoeboxed’s iOS app has been updated with automatic, always-on mileage tracking and one-tap, “IRS-ready” expense reports, pitched directly at self‑employed drivers and small fleets. The app scans receipts, extracts key data…
Why this matters for trucking businesses Shoeboxed’s iOS app now emphasizes automatic, always-on mileage tracking alongside receipt capture—positioning itself as a mobile back office for drivers. The App Store listing highlights background trip detection with nightly text summaries you can…
What changed—and when The Internal Revenue Service clarified in formal guidance that certain common truck body types meet a “suitable for use” standard and therefore are excluded from the 12% federal retail excise tax (FET) under Internal Revenue Code §4051.…
What “as easy as 1‑2‑3” means for the 2026 filing season The Taxpayer Advocate Service (TAS) boiled down refund‑speed best practices to three steps published March 26, 2026: 1) verify every data point on your return, 2) e‑file instead of…
Fast, compliant 2290 e‑filing lands at the Kentucky Expo Center Owner-operators and fleet managers heading to the Mid-America Trucking Show in Louisville, Kentucky can find SimpleTruckTax on the show floor this week, March 26–28, 2026 (Booth 38707). According to the…
Why this matters in 2026 Backup withholding is a federal rule that requires payers to withhold a flat 24% of certain payments when a payee’s taxpayer information is missing or doesn’t match IRS records. For trucking companies and brokers paying…
Why a New Zealand tax tweak matters to U.S. trucking New Zealand is finalizing how it applies the OECD’s “Pillar Two” 15% global minimum tax, including a recent move to adjust application dates for parts of the guidance package. Practically,…
Why this matters to trucking businesses Family-run carriers and owner-operators often hold substantial assets—tractors, trailers, terminals, shop equipment and real estate—inside closely held businesses. While the federal estate tax exemption increased to $15 million per person for 2026, Maryland still…
What changed—and why trucking businesses should care Many trucking companies are organized as LLCs taxed as partnerships. That structure can be great for flexibility, but it also means your ability to deduct losses, receive cash distributions, and avoid surprise tax…
