Per Diem Plus Blog
Articles and announcements for drivers from our tax expertsIs Trucker Per Diem A Wage Reclassification?
Our tax expert responds to a common question we receive from motor carriers. No, the treatment of per diem as a portion of an employee’s wages has been unique to the transportation industry since at least 1989 and is not considered an improper “wage reclassification”...
read moreCASE STUDY – DRIVER PER DIEM SAVES FLEET THOUSANDS
The carrier was able to increase driver pay AND reduce expenses through implementing their per diem program with Per Diem Plus FLEETS.
read moreTrucker Per Diem Rules For Fleets
Our tax experts jotted down some common per diem questions that fleet customers have asked us. “Partnering with Per Diem Plus provided us a turn-key solution configured to meet the needs of our fleet” Nick A., Controller FLEETS PRODUCT SHEET What is per diem? The...
read moreTAX SAVING TIP – HOME OFFICE DEDUCTION
Part 2: Tax Saving Tips For Owner Operators & Family-Run Trucking Businesses The following excerpt is from "Making The IRS Work In Your Favor" presented by Mark W. Sullivan, EA at the CMC LIVE hosted by Kevin Rutherford and Let's Truck. Taxpayers are not...
read moreTAX SAVING TIP – PAYING YOUR KIDS
Tax Saving Tips For Owner Operators & Family-Run Trucking Businesses The following excerpt is from "Making The IRS Work In Your Favor" presented by Mark W. Sullivan, EA at the CMC LIVE hosted by Kevin Rutherford and Let's Truck. Trucking...
read moreUnderstanding the 20% Passthrough Deduction
20% Passthrough Deduction for Qualified Business Income Internal Revenue Code Section 199A generally provides a deduction of 20% of qualified business income (QBI) derived from a sole proprietorship, partnership or S corporation that is a qualified trade or business,...
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