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March 12, 2015

Ruling: TSE Expenses Are Deductible on Taxes

Tax time has arrived. Good news for drivers that expense their fuel, from the Journal of Accountancy : “TSE expenses [are] deductible as ordinary and necessary trade or business expenses because they [are] analogous to fuel expenses and [are] not…hotel expenses. Because Transportation Department regulations require truckers to rest 10 hours for every 14 hours they drive, they… Continue reading Ruling: TSE Expenses Are Deductible on Taxes

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