Filing taxes is always a stressful part of being a truck driver. With the recent tax laws put in place by the federal government, the IRS has given considerable benefits to truck drivers who can deduct business expenses as “ordinary or necessary.” To successfully file...
A state auditor who reports spa treatments as business deductions. A tax preparer who hijacks his clients' returns. A restaurant owner who pockets cash from fires and burgers. Here is the most recent record of extraordinary tax fraud cases across America. Tacoma, WA: Troy Kelley Troy Kelley...
When you have to file your taxes, you get so caught up by the stress that you might forget about other relevant financial information, like your credit score. It might be the last thing on your mind, but if you want to take out a...
Every year, millions of Americans go through tax-time shock. Some are pleasantly surprised after receiving a larger refund than they initially anticipated. While others learn they owe a lot more tax to Uncle Sam than what they filed in their reports. To prevent this from...
In America, trucks registered for commercial use make up only 12.2% of the total number of registered vehicles on our nation's highways. However, truck drivers pay a disproportionate amount of $38 billion in fees and an average of $18,000 per vehicle. And when it comes...
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