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Government

Additional Ways Tax Reform Will Impact the Transportation Industry

Posted 12:30 PM by
When the Tax Cuts and Jobs Act (TCJA) was signed into law on Dec. 22, 2017, companies in all industries braced themselves for impending changes. The key takeaway of the TCJA is lower tax rates for both businesses and individuals. However, the impacts of this new tax law are extensive... Read more →
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IRS Updates Transportation Industry Per Diem Rates

Posted 12:00 PM by
The Internal Revenue Service issued Notice 2018-77, updating the special per diem rates under tax code Section 274(d), which is used to substantiate the amount of ordinary and necessary business expenses incurred while traveling away from home. Effective Oct. 1, 2018, through Sept. 30, 2019, transportation’s per... Read more →
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