Guides and updates on trucker taxes, Form 2290 HVUT, IFTA filings, business expenses, and financial tips for owner-operators.
Why this matters now Two developments owners and fleet finance leaders shouldn’t ignore this April: First, preferred equity is moving from niche to mainstream in private capital, with new guidance highlighting how its hybrid features can alter cash taxes and…
What Form 2290 covers—and who must file The Heavy Highway Vehicle Use Tax (HVUT) is an annual federal excise tax on vehicles with a taxable gross weight of 55,000 pounds or more that operate on public highways. If a truck…
What’s new A Hong Kong–based recruiter has posted an opening for a “U.S. Tax Manager (Fintech),” highlighting duties like overseeing annual tax filings tied to cross‑border investment income and coordinating with auditors and tax authorities. While the original BeBee listing…
Why Arkansas truck owners should care now Whether you run a single tractor or a small fleet, Arkansas ties state registration to your federal Heavy Vehicle Use Tax (HVUT) compliance. In practice, that means you’ll need proof of a filed…
Why this new app matters for small fleets and O/Os Paper receipts still bleed profits at tax time. RIGLOG: Trucking Expense Log, a new iPhone/iPad app, aims to close those leaks with fast, structured recordkeeping tailored to trucking. The App…
Why direct deposit matters in April 2026 For most truckers filing Schedule C on a joint or individual Form 1040, direct deposit remains the fastest route to a refund—often under 21 days when you e-file and your return has no…
What changed — and why it matters to trucking The IRS has increased the maximum Foreign Earned Income Exclusion (FEIE) to $130,000 for the 2025 tax year (returns filed in 2026). That means eligible U.S. citizens and resident aliens who…
Why this matters for owner‑operators and fleets A new YouTube explainer making the rounds this week spotlights three IRS forms that can smooth interactions with the agency—or become speed bumps if you ignore them. For trucking businesses that run lean,…
What’s new On April 12, 2026, the Pennsylvania Petroleum Association reported that the IRS has acknowledged renewed delays in processing federal motor fuel excise tax refund claims and told industry groups it is surging staff and changing workflows to catch…
Why this matters now for small fleets and O/Os For many owner-operators and small fleets, the difference between a profitable quarter and a painful one often comes down to disciplined recordkeeping—capturing receipts, tracking fuel and miles by jurisdiction, and documenting…