Taxes

21  -  29  of  29

April 2, 2013

Maryland Governor Expected To Sign Fuel Tax Increase Legislation

Legislation passed late last week by Maryland lawmakers that would increase fuel taxes is expected to be signed by Gov. Martin O’Malley. Similar plans have been progressing in other states.

March 27, 2013

Time’s Up! What To Do If You Need More Time To File Your Taxes

Approximately 7.6 billion hours are spent by businesses and individuals each year on tax compliance -- a workload that could keep 3.8 million full-time workers busy by the IRS’ own estimates. Throw your long hours as a trucker into the mix, and the potential to miss the filing deadline is very real. However, you can file an extension and avoid penalties.

March 7, 2013

California Diesel and Gasoline Taxes To Move Higher

The state known for typically having some of the highest fuel prices and fuel taxes in the nation will see them move higher later this year.

March 6, 2013

Maryland Gov. Fuel Tax Plan Similar to Virginia's

Maryland Gov. Martin O’Malley has borrowed a page from Virginia Gov. Bob McDonnell’s playbook, with proposed changes to the state’s tax on gasoline to raise highway funds. According to published reports there is no indication that it would affect the diesel fuel tax.

March 1, 2013

Wyoming Raises Fuel Taxes

Wyoming has raised the rate of its taxes on gasoline and diesel fuel from 14 to 24 cents a gallon, effective July 1.

February 27, 2013

Minnesota Eyes New Trucking Tax, Truckers Cry Foul

Trucking interests in Minnesota are hoping to melt plans by the governor to implement a new tax on trucking, saying it will freeze them out.

February 25, 2013

The 5 Most Overlooked Tax Deductions for Owner-Operators

New year - new taxes. That’s what many drivers are thinking after the latest round of tax increases. While you can’t legally dodge taxes, you can trim them. The options for doing so may have even been under your nose your entire trucking career.

January 9, 2013

GAO Suggests Mileage Fees for Trucks

Congress might want to consider a mileage fee for trucks and electric vehicles when it looks for ways to strengthen highway funding, says the Government Accountability Office. GAO said that while privacy concerns and other issues limit the usefulness of such fees for automobiles, Congress should consider a pilot program to test them for trucks and electric cars

January 2, 2013

Getting Your Trucking Business Ready for Tax Season

Have you been trucking since 1912 or earlier? If so, you are a true trucking pioneer, have an incredible fitness regimen and once earned an income without paying the Internal Revenue Service a dime

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