Guides and updates on trucker taxes, Form 2290 HVUT, IFTA filings, business expenses, and financial tips for owner-operators.
Why this matters now On September 18, 2015, the U.S. Department of the Treasury and IRS issued final guidance confirming that most per capita distributions made to tribal members from funds held in trust by the Department of the Interior…
Why this matters to carriers and fleets The IRS is pressing a novel legal strategy against Meta Platforms that could broaden how the government recalculates cross‑border prices inside large companies. In a December 2025 Tax Court filing, the IRS sought…
Why this matters now for fleets and owner‑operators With filing season underway for calendar‑year businesses, the IRS’s Revenue Procedure 2025‑28 changes how companies can treat research and development costs—opening the door to immediate deductions for U.S.‑based R&D and refund opportunities…
Why owner-operators and fleets are hearing about a “$600 rule” If you’ve ever been paid through Venmo for a side haul, roadside repair, or parts resale, you’ve likely heard about a “$600 rule.” That nickname refers to a federal change…
What the “$600 rule” actually means The “$600 rule” is shorthand for a 2021 law that would have required payment apps to send IRS Form 1099-K to anyone who received $600 or more for goods and services in a year.…
Why this matters now A new year is the right time to get ahead of tax trouble. A recent trucking-focused YouTube message urged owner-operators to “take ownership” of IRS issues and highlighted that 2026 brings fresh bracket thresholds. That’s true:…
Why this matters for fleets and owner-ops For many trucking businesses, the company is the nest egg: tractors and trailers, operating authority, customer contracts, and a shop full of tools. A Dallas trust-focused tax attorney can help you protect that…
Why you’re hearing about “$2,000 one-time deposits” A flurry of blog posts and social posts claim the IRS will automatically deposit $2,000 into Americans’ bank accounts in January 2026. One widely shared article outlines supposed eligibility thresholds and batch payment…
What’s real — and what’s rumor A widely shared post claims the federal government has “confirmed” one-time $2,000 payments in January 2026, outlining supposed eligibility and deposit dates. The article provides no official citations, and our review found no federal…
Why waiting matters this filing season The Taxpayer Advocate Service (TAS) is urging filers to hold off until all year-end income forms arrive—and that’s sound advice for drivers and fleet owners alike. The IRS cross‑checks what you report against W‑2s,…
