In the last few weeks, there has been a lot of confusion in the driver community regarding the per diem, which has been eliminated for company drivers under the new Republican tax plan.
For business owners, one of the main questions surrounding the new tax law is the corporate tax rate. At 21%, it is lower than the pass-through rate for businesses, which is capped at 25%. That has some asking the obvious question: Should I change my company’s status from a pass-through corporation to a corporate structure?
President Donald Trump took his case for tax reform to the American people on Wednesday night – specifically the trucking community – at an event in Harrisburg, PA.
