2,121 plain-English guides on cross-border moves, US and Canadian returns, and small-business money. Each one ends in what to do next, and says when a written Diagnostic is the smarter first step.
Page 59 of 89, newest first.
Self-employed tradespeople can deduct tools, vehicle costs, licensing, continuing education, and uniforms under IRC 162.
US TaxA SEP IRA or Solo 401(k) can shelter up to $72,000 of self-employment income in 2026. A SEP IRA allows a contribution of up to 25% of net self-employment.
US TaxTrades businesses can fully expense service trucks, tools, and heavy equipment under Section 179 or bonus depreciation in the year of purchase.
US TaxTradespeople choose between the standard mileage rate and actual expenses in the first year a vehicle is placed in service.
Cross-BorderThe US-Canada tax treaty's Limitation on Benefits article can deny treaty benefits to entities that lack a genuine connection to either country.
US TaxThe right entity structure for a trucking company depends on income level, fleet size, and self-employment tax exposure.
US TaxFreight brokers face unique tax rules around 1099-NEC reporting, the freight payment exemption, independent contractor classification.
US TaxIFTA applies to qualified motor vehicles (over 26,000 lbs GVW or 3+ axles) that operate in two or more IFTA member jurisdictions.
US TaxForm 2290 applies to any highway motor vehicle with a taxable gross weight of 55,000 pounds or more. The tax period runs.
US TaxShould you lease or buy your next truck? The tax treatment is different, and the right answer depends on your cash flow, income level.
US TaxTrucks cross state lines every day, but state income tax obligations depend on nexus, apportionment formulas, and whether PL 86-272 provides protection.
US TaxEvery deduction an owner-operator can claim on Schedule C, from fuel and maintenance to per diem and lumper fees, mapped to the correct tax form line.
US TaxThe DOT per diem for truckers is $80 a day in the continental US and $86 outside it, from October 1, 2024 to September 30, 2027. DOT-regulated drivers deduct 80%, or $64 a day.
US TaxOwner-operators and fleet owners have access to powerful retirement plans that double as tax shelters. Self-employed truckers can choose from three main.
US TaxTrucks over 14,000 lbs GVWR are exempt from the IRC 280F luxury automobile caps that limit depreciation on passenger vehicles.
Cross-BorderA US citizen living abroad can exclude foreign earned income under IRC 911 or claim a foreign tax credit under IRC 901. Choosing wrong can cost thousands.
Cross-BorderA US citizen who moves to Canada continues to file US tax returns for life (citizenship-based taxation) and adds Canadian filing obligations as a new.
Cross-BorderThe US imposes estate tax on US-situs assets of non-resident aliens. Canadians who own US property get a prorated unified credit under Article XXIX-B.
Cross-BorderA US person who controls or owns 10% of a Canadian corporation generally files Form 5471 with their return. The five categories, schedules, $10,000 penalty and open statute.
Cross-BorderWhen a US person inherits from a Canadian estate, the estate pays Canada's tax on deemed gains. The US heir usually owes no US tax but may need Form 3520 and an FBAR.
Cross-BorderA Canadian company expanding to the US chooses between a subsidiary and a branch. The tax, liability, and loss-utilization differences are significant.
Cross-BorderCanadian residents who receive US dividends face 15% treaty-reduced withholding. Some pay the full 30% and can reclaim the excess.
US TaxHow veterinary practices pay associates through salary, production pay, or ProSal, and the payroll tax and worker classification rules each model triggers.
US TaxExplains asset versus stock purchase structure, Form 8594 allocation, and IRC 197 goodwill amortization rules for buying or selling a veterinary practice.