Navigating Tax Reform’s Impact On Driver Compensation

This article was originally published in the Summer 2019 edition of the Georgia Motor Trucking Association (GMTA)’s magazine, TRUX. By Chris Arnone, Joe Coleman and Steven Murphy Not since the 1980s have trucking companies and drivers been faced with sweeping...

IRS Wheels Out Additional Guidance on Company Cars

The IRS has updated the inflation-adjusted “luxury automobile” limits on certain deductions taxpayers can take for passenger automobiles — including light trucks and vans — used in their businesses. Revenue Procedure 2019-26 includes different limits for purchased...

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