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Peterbilt owners and fans, as well as past and present employees are expected to gather by the thousands Oct. 25, in Stockton, CA, for a special event celebrating the company’s 75th anniversary. […]
The Internal Revenue Service plans to put in place new procedures starting next January to limit the number of refunds electronically deposited into a single financial account or pre-paid debit card to three, as part of an effort to combat fraud and identity theft, including fraud committed by unscrupulous tax preparers. […]
Port truckers in Los Angeles and Long Beach voted unanimously to agree to a “cooling off” period July 12, and will begin working regular shifts. This is according to an announcement by the union representing the drivers, Justice for Port Truck Drivers (JPTD), a Teamsters-backed union. […]
Everyone seems to agree our current system for paying Income Taxes is much too complicated. It takes too much time and costs too much money – both for the taxpayer and employees of the Internal Revenue Service. Here are a few modest proposals for simplifying our taxes for both taxpayers and the IRS. […]
Many small-business owners find themselves between a rock and a hard place when attempting to renew their company’s health plan. the Small Business Healthcare Tax Credit situation is something Doug Jackson knows intimately. […]
IRS tax collection takes in more than $2 trillion in federal taxes each year, with 84 percent voluntary compliance. Most taxpayers pay their share on time. But what about the $385 billion tax gap, the difference between what the IRS is owed and what actually receives? How will the IRS proceed with delinquent tax collection? [...]
If you are a trucker, your per diem (for each day) method can save taxes. The per diem is the amount you can claim for meal deductions while you are away from home for the night. The per diem is only applicable for overnight trips. You can’t leave home, work an 18-hour day, and then [...]
The number one money saving tip: Re-Examine Your Filing Status Regardless if you file as single, jointly, head of household, married but filing separately – Your status can be a major money saving tip in the size of your tax return. […]
Did your parents get paid more than they should have via Social Security? Even if the government THINKS they did, they can now seize YOUR IRS tax refund check to pay back the overage. That’s right, if the government thinks your parents were overpaid, IRS seizures are targeting the tax refunds of the children of [...]
The Internal Revenue Service today reminded truckers and other owners of heavy highway vehicles that in most cases, their next federal highway use tax return is due on Aug. 31, 2012. […]
