Tag Archives: Draw

IRS Reporting Rules on Sales of Tractors, Trailers, Trucks Draw Fire

The Internal Revenue Service has proposed rules that would update a more than 30-year-old definition of “highway vehicle” as it relates to excise taxes imposed on the sale of highway tractors, trailers, trucks and tires and the use of heavy vehicles on the highway. Small business advocates, not happy with the new rules, are firing back. They say the new ... Read More »