What people mean by the “$600 rule” The “$600 rule” refers to a change in law (first set in the American Rescue Plan of 2021) that would have required third‑party payment platforms like Venmo, PayPal and Cash App to send a Form 1099‑K to users who received more than $600…
FAA MD‑11 GROUNDING LIKELY TO STRETCH INTO 2026, RAISING PEAK-PARCEL CAPACITY PRESSURE Following the fatal Nov. 4 UPS crash, sources say inspection criteria won’t be finalized until next year, keeping MD‑11 freighters parked as UPS and FedEx scramble for substitute lift during holiday peak. FEDEX TO ELIMINATE 856 JOBS AT…
What’s in the Senate proposal Senate appropriators have unveiled a fiscal 2026 funding bill that would cut the IRS’s annual appropriation by about 4%, to roughly $11.8 billion, according to a summary of the plan first reported by Tax Notes and recapped by a national CPA firm’s tax news blog.…
BP FINDS LEAK IN OLYMPIC PIPELINE, RESUMES JET FUEL DELIVERIES TO SEA-TAC BP located the source of the Everett-area pipeline leak and restarted the jet fuel line feeding Seattle-Tacoma International Airport, easing fears of holiday disruptions; fuel reserves will take days to rebuild after emergency truck-fueled deliveries and HOS waivers…
Introduction Between November 17 and November 23, 2025, USDOT recorded 3,103 new registrations across carriers, brokers, and other authorities. Mid‑week filings dominated: Wednesday (988) and Thursday (760) alone represented 56% of the week’s total, typical of the “register midweek, launch next week” cadence we often see as firms aim to…
Why this matters to owner-operators and fleets South Carolina’s Department of Revenue (SCDOR) keeps a single, searchable clearinghouse of tax guidance—its Advisory Opinion Search. It’s where the agency posts Information Letters, Revenue Rulings, and Procedures that can move filing dates, clarify rates, and explain exemptions. That page also spells out…
Online chatter meets a federal case Social media lit up over the weekend with claims that some CDL applicants in Wisconsin hid Bluetooth devices to cheat on knowledge exams. Separately—and importantly, on the record—court filings and local reporting in Milwaukee describe a federal investigation into an alleged permit-test cheating ring…
SEVERE-WEATHER SETUP THREATENS TEXAS FREIGHT CORRIDORS AHEAD OF THANKSGIVING Heavy rain and strong storms Sunday–Tuesday could dump 4+ inches across parts of Texas, with the I‑35, I‑20 and I‑45 corridors facing flooding and hail risks that may slow truck traffic and last‑mile deliveries. SAN ANTONIO, DFW IN CROSSHAIRS FOR HEAVY…
Why this matters now Three fast-moving developments touch safety enforcement, driver vetting and freight flows. FMCSA is threatening to withhold nearly $75 million from Pennsylvania over alleged violations tied to non‑domiciled CDLs. New York prosecutors detailed an exam‑cheating scheme at a Long Island DMV that allowed unqualified applicants to obtain…
Why this matters to owner-operators and fleets Plenty of folks in trucking are retired from federal service—or have spouses who are—while still running a truck or managing a fleet. If you receive a civil service annuity from the U.S. Office of Personnel Management (OPM), the way your 1099‑R is delivered…
