Per Diem Plus Blog

Articles and announcements for drivers from our tax experts

Tax Overhaul Impact: OTR Company Drivers

In general, under “Tax Reform and Jobs Act” company OTR drivers that previously claimed itemized deductions for unreimbursed employee expenses will likely experience a tax increase[1]. The following tables are designed to assist OTR employee truck drivers in...

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Is A Mutiny Brewing For Company-Paid Per Diem?

The good news: If the “Tax Cuts and Job Act” becomes law trucking companies are expected to enjoy a 15 percent reduction in income tax rates, while freight rates are projected to rise as much as 20 percent because of the ELD mandate. The bad news: Tax reform will make...

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Tax Minimization Strategies For OTR Company Driver

In general, under both the Senate and House tax reform proposals company OTR drivers that previously claimed itemized deductions for unreimbursed expenses will likely experience a tax increase[1]. However, employee drivers may minimize or eliminate the projected tax...

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