Guides and updates on trucker taxes, Form 2290 HVUT, IFTA filings, business expenses, and financial tips for owner-operators.
IRS extends PFML enforcement relief through calendar year 2026 The IRS has granted states and employers another year to adapt payroll and reporting systems for state Paid Family and Medical Leave (PFML) programs. In Notice 2026-6, issued December 24, 2025,…
Why owner-operators and fleets should act now Tax Day for 2025 returns is Wednesday, April 15, 2026. That deadline isn’t just for filing—several money‑saving moves remain available until that date. Here are seven practical steps tailored to truckers and small…
Why this matters to fleets and owner-operators The IRS has released Publication 15 (Circular E) for tax year 2026, laying out federal income-tax withholding rules and the Social Security and Medicare (FICA) payroll parameters employers must use starting January 1,…
Why this matters now Posts circulating this week cite a “fresh IRS bulletin” on the 2026 Child Tax Credit (CTC). For truckers juggling cash flow between loads, equipment payments and quarterly estimates, clarity on what’s actually in force can help…
What changed — and why it matters to trucking Federal tax treatment of wildfire-related payments has flipped for 2026. The special federal income tax exclusion for “qualified wildfire relief payments” expired at the end of 2025. That temporary break covered…
Key dates: Filing is open and Tax Day is April 15, 2026 The IRS began accepting 2025 individual returns on January 26, 2026, with Tax Day set for Wednesday, April 15, 2026. E-filing with direct deposit remains the fastest route…
Why this matters now for carriers and owner‑operators As cost pressures squeeze margins, tax and compliance decisions can move real money for trucking businesses. Kahn, Litwin, Renza & Co. (KLR) is highlighting two areas with immediate impact: (1) employee benefit…
Why this matters now Colorado has updated its C corporation income tax return (Form DR 0112) and guidance for 2025, with important knock-on effects for trucking companies that run interstate and intrastate miles through the state. The Department of Revenue…
Why this matters now for owner-operators and fleets The IRS’s Taxpayer Advocate Service (TAS) has published a new set of 2026 objectives, laying out where it wants the IRS to improve customer service, program integrity, and taxpayer protections. TAS, an…
Why this matters on the road Cash-flow predictability and fee control can make or break margins for independent truckers. Premier America Credit Union has rolled out consumer checking options that bundle early direct deposit, nationwide ATM access with monthly rebates,…
