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Transportation Webinar: The Tax Benefits of Implementing a Per Diem Plan and How to Stay Compliant

Date:Sept. 24, 2019 
Time:1:00-2:00 p.m. EST
Format:Webinar

In the aftermath of tax reform, which impacted company drivers by eliminating the personal income tax deduction for out-of-pocket business expenses, more carriers are considering implementing per diem plans to help offset this change. By recognizing the portion of driver pay that encompasses these expenses, per diem plans can provide clear payroll and income tax savings, and in many cases provide drivers with more after-tax pay than under the previous deduction model. However, it is important to be aware of the IRS’s accountable plan rules in order to remain compliant and not jeopardize potential savings.

Join us Sept. 24 from 1:00-2:00 p.m. EST in this webinar conversation hosted by the Ohio Trucking Association. KSM’s Troy Hogan, director in the firm's Transportation Services Group, will join Steve Pletcher, partner with law firm Scopelitis, Garvin, Light, Hanson & Feary, to share important information on per diem plan implementation and compliance.   

Click here to learn more or register.