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Posts Tagged ‘truck driver tax deductions’

Truck Drivers and taxes

A business incurs significant expenses in transportation. Some of those costs can be reduced by using applicable tax deductions. Deductions for truck drivers are for both those working for an employer and those that are self-employed. Claiming qualified deductions can help save substantially in taxes. Ordinary and Necessary Expenses The IRS allows businesses to deduct all ordinary and necessary expenses. These are expenses that are necessary ...