Are you confident you are doing everything to minimize taxes for your transportation company? One of the best ways to reduce tax liability is to ensure you claim all tax credits available.
On December 22, 2017, President Trump signed into law the Tax Cuts and Jobs Act (TCJA), also known as tax reform. This legislation made some of the most significant changes to the federal tax code since 1986.
Our transportation team has been getting many questions about how to navigate a business through this pandemic. We will discuss a handful of questions and answers here and update this post frequently as we continue to learn more about the impact this will have in the coming months.
Is your transportation company performing as well as its industry peers? You reviewed your financial statements from your accountant, and you are making money.