Time is running out on a unique tax break for older taxpayers with charitable intentions. If you donate funds directly from your IRA to a qualified charity of your choice, you can avoid tax on… Read More »Donate IRA funds to charity
The Department of Transportation has proposed changes to heavy-duty truck tire safety standards, the first such proposal in 37 years. Proposed steps include a more stringent endurance test, a new high speed-test for some heavy… Read More »NHTSA Proposes New Truck-Tire Standards
Press Release October 4, 2010 Media Contact: TSA Public Affairs Sari Koshetz 305-432-0076 ORLANDO, Fla. – A Transportation Security Administration (TSA) program called Team Care assisted more than 750 families who have children with life-threatening… Read More »TSA Orlando Making a Difference in the Community
U.S. Department of Transportation Office of Public Affairs 1200 New Jersey Ave., S.E. Washington, DC 20590www.dot.gov/briefing-room.html FMCSA 14-10 Monday, September 27, 2010 Contact: Candice Tolliver Tel: 202-366-9999 or 202-306-4580 USDOT and USDOJ Fines Tornado Bus… Read More »USDOT and USDOJ Fines Tornado Bus Company $55,000 for Violating Americans with Disabilities Act Accessibility Requirements
Diesel prices jumped more than 3 cents from Monday to Tuesday, according to Promiles, which showed an average price of $3.008 Tuesday, up 3.1 cents from the previous day. This even as crude oil futures… Read More »Crude Oil, Diesel Prices Up Tuesday
Updated: 10/4/2010 4:20:00 PM UPS Inc. said it has purchased 130 hybrid electric vehicles, which the package carrier will launch into service next year. Thirty of the package delivery trucks will be deployed in New… Read More »UPS Buys 130 Hybrid Trucks
The Commercial Vehicle Safety Alliance recognized three enforcement leaders who will make up the first-ever CVSA International Safety Team. The CVSA International Safety Team includes Transportation Inspector Donald Woodal, Maryland State Police; Sergeant Wayne Sanderlin,… Read More »CVSA Recognizes Safety-Minded Enforcement Officials
A settlement has been proposed in a lawsuit that has seen 256 former Arrow Trucking Co. drivers seeking payment for unpaid wages and violation of laws requiring notice of their closing. According to the Tulsa… Read More »Proposed Settlement in Arrow Driver Suit Would Pay $1.58 Million
A study by scientists at Columbia University found that mandatory alcohol testing programs for commercial truck drivers may have contributed to a significant reduction in alcohol involvement in fatal motor carrier crashes. The study, “Effectiveness… Read More »Study: Mandatory Alcohol Testing Cuts Risk of Alcohol Involvement in Fatal Crashes
The significant new health care legislation imposes a unique “payroll tax” on investment income. At least the new tax doesn’t kick in until 2013 providing an opportunity for advance planning. To recap, an individual must… Read More »Medicare Tax: Start Planning Ahead
An important new Tax Court case could provide valuable tax savings for owners of limited liability corporations (LLCs) and partners in limited liability partnerships (LLPs). The decision permits a couple to use a loss from… Read More »New tax breakthrough for LLCs
In the “flash crash” on May 6, 2010, the Dow Jones Industrial Average dropped nearly 1,000 points only to recover more than 600 points by the market close. On the heels of the financial crisis… Read More »Advice to Clients in Uncertain Markets