Guides and updates on trucker taxes, Form 2290 HVUT, IFTA filings, business expenses, and financial tips for owner-operators.
China will start charging new port fees on Monday, October 14, for ships with U.S. ties — a direct response to Washington’s Section 301 surcharge on China-linked vessels that begins the same day. Beijing’s levy starts at 400 yuan (about…
Why this matters for fleets and owner-operators Two developments in the tax world carry practical implications for trucking: South Carolina’s clarified expectations for wine excise tax filers, and renewed emphasis by the IRS and the Tax Court on the “bank…
China will begin charging American-linked vessels new port fees on Tuesday, October 14, escalating a maritime standoff that now threatens U.S. landside logistics. The Ministry of Transport said ships that are U.S.-owned, operated, built or flagged will be assessed 400…
Why this matters to carriers now South Carolina has spotlighted how wine excise taxes are administered for wholesalers, importers, and out‑of‑state shippers, with fresh attention on e‑filing, due dates, and recordkeeping. For motor carriers that haul alcohol—whether you’re an owner‑operator…
Trucking companies and brokers say a growing share of cargo theft never makes it onto insurance or police ledgers — not because the loads are trivial, but because filing a claim risks painful premium hikes or nonrenewal. That silence creates…
Montgomery Transport, a Birmingham, Alabama–based flatbed carrier, has filed for bankruptcy and halted operations, leaving about 1,000 employees out of work, according to internal communications and court filings described in a FreightWaves report published this week. Drivers were instructed to…
What’s happening at the IRS right now The federal government shutdown that began on October 1, 2025, has now forced the Internal Revenue Service to furlough a large share of its workforce. After operating for five business days using Inflation…
New tariff moves are rippling through freight markets just as peak bid season ramps up. A fresh round of duties on imported medium- and heavy‑duty trucks, announced this week, adds another variable to equipment budgets and cross‑border routing at a…
Why “1099” ads are surging—and what they mean A recent page circulating under the headline “Craigslist 1099 Trucking Jobs” highlights how common independent-contractor listings have become—often touting high weekly pay, fast onboarding and references to 1099 tax forms. Before you…
Who has to file (and why this matters to truckers) If you hold both U.S. and U.K. citizenship, you must file a U.S. tax return every year and report your worldwide income—whether you’re leased to a U.S. carrier, running loads…
