Whether you lease from a carrier or operate under your authority, you can deduct taxes for any expense related to running your trucking business. There are quite a few business expenses often overlooked by owner-operators when they file their taxes. We’re listing the most common ones...

A tax levy is one of the harshest collection mechanisms used by state taxing authorities and the IRS. It is the legal seizure of taxpayers’ assets when there are taxes owed. A tax levy is different from a tax lien in a sense that a...