NORTHEAST BLIZZARD PARALYZES I-95 CORRIDOR WITH HEAVY SNOW, POWERFUL WINDS AND WIDESPREAD CLOSURES A rapidly intensifying nor’easter dumped up to two feet of snow in parts of the Northeast on Monday, triggering states of emergency, thousands of flight cancellations, road closures and suspended transit across major metros. MASSACHUSETTS ISSUES NON‑ESSENTIAL…
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, 2026. The new guidance confirms unchanged FICA rates but a…
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 you plan the next few months. Here’s what the official…
BLIZZARD WARNINGS STRETCH FROM DELAWARE TO MASSACHUSETTS; DANGEROUS TRAVEL EXPECTED SUNDAY–MONDAY A fast‑intensifying nor’easter will dump 12–24 inches of snow with 50+ mph gusts beginning Sunday, February 22, threatening road closures, power outages, and major disruptions to trucking along the I‑95 corridor. Carriers are urged to adjust linehauls and avoid…
SUPREME COURT STRIKES DOWN TRUMP’S GLOBAL TARIFFS, RESETTING TRADE BACKDROP In a 6–3 ruling, justices said IEEPA doesn’t authorize sweeping import duties, opening the door to refund claims and near-term import pull-forwards that could ripple through truckload and drayage demand. IMPORTERS LINE UP FOR TARIFF REFUNDS AFTER SCOTUS RULING Trade…
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 payments received in tax years beginning after December 31, 2019,…
ATA SEEKS MORE FLEXIBILITY ON EPA’S 2027 NOX RULES American Trucking Associations asked EPA to adjust its 2027 heavy‑duty NOx program, including use of non‑compliance penalties, arguing fleets need time to validate new tech in real‑world service. DETROIT UNVEILS GEN 6 DD‑SERIES ENGINES FOR EPA 2027 COMPLIANCE Detroit introduced next‑generation…
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 to a refund, and most refunds are issued within about…
FMCSA EXTENDS HOS WAIVERS FOR HEATING FUEL HAULERS IN 21 STATES THROUGH FEB. 28 FMCSA renewed two regional emergency declarations granting hours-of-service relief for propane, natural gas and heating oil deliveries amid winter disruptions, now effective through February 28 across 21 Northeast and Midwest states. HOUSE BILL TARGETS ‘CHAMELEON CARRIERS’…
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 plan audits and ERISA compliance, and (2) multistate state-and-local tax…
