More about Nathan Logan
Nathan is a CPA and has more than ten years of experience providing tax planning, consulting and compliance services to a number of privately held businesses and individuals in a variety of industries, with a special focus on the transportation and logistics industry. He actively communicates with clients and seeks ways to align their individual and business goals with available tax strategies to allow them to make well-informed decisions.
Blog Posts by Nathan Logan:
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Retirement Rule Changes Coming
Whether you run a business with employees or you are an employee yourself with a retirement plan, be mindful of changes coming. The $1.7 trillion federal spending bill signed into law at the end of December included the SECURE 2.0 Act of 2022. Changes include automatic enrollment provisions, enhanced catch-up contributions, and Roth requirements on […]
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Automatic Emergency Braking Rule with the White House for Review
It’s been a discussion for many years but automatic emergency braking (AEB) is getting closer to a standardized piece of technology on heavy trucks. As a reminder, the AEB requirement and/or standardization of performance was included in the Infrastructure Investment and Jobs Act. The rule is required to be finalized by November 15, 2023. In […]
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A Growing Cyber Concern in Transportation
When we think transportation, we often think of people or property being moved around with big pieces of equipment. Looking deeper, transportation has become a part of the digital world. Not only do vehicles have electronic control modules but also electronic logging devices collecting mountains of data. Drivers are connected via apps and their smartphones. […]
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Travel Far with the Work Opportunity Tax Credit
The Work Opportunity Tax Credit (WOTC) is an underutilized resource within the transportation industry. It allows employers to reduce their federal tax liability by up to $9,600 per eligible employee when they hire people from targeted categories and employ them for at least 120 hours in their first year of employment.
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Tougher Emissions Standards on the Horizon
The U.S. Environmental Protection Agency (EPA) published a new rule recently which places tougher emissions standards on heavy-duty engines and vehicles starting with model year 2027. The move was part of the EPA’s larger Clean Truck Plan and a step towards a goal of reducing nitrogen oxides (NOx) by nearly 50% by 2045. At a […]
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Trailer Side Underride Guards May be One Step Closer to Reality
The Department of Transportation (DOT) recently sent a proposed rule to the Whitehouse Office of Management and Budget (OMB) to consider requirements for side underride guards on trailers and semitrailers. Obviously the potential benefit being the reduction of crashes involving a vehicle going beneath a trailer, which can be catastrophic. This topic may sound familiar […]
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A Transportation Shift for the Climate?
The Biden administration released The U.S. National Blueprint for Transportation Decarbonization and it is sure to raise some eyebrows for those in the truck transportation industry. The plan to cut greenhouse gas (GHG) emissions calls for a strategic shift to achieve net zero emissions by 2050. The plan has a three pronged approach to get […]
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Mileage Rates for 2023
The IRS has issued updated optional standard mileage rates for 2023. These rates are often used to calculate the deductible cost of operating a vehicle for business purposes as well as used by employers for calculating employee reimbursements for business mileage driven with personal vehicles. Beginning January 1, 2023, mileage rates will be: The mileage […]
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Simple Tax Planning Tips
Sometimes there’s a mystique around tax planning. People think there is some hidden magic. A strategy they don’t know about and way they can have their cake (income) and eat it too (low/no tax). The tax code is long and complicated to avoid things such as that. When it comes to tax planning you have […]
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The Missing Pieces from the Omnibus Bill
Congress passed a $1.7 trillion dollar spending bill at the tail end of last week. In likely the last major piece of legislation Congress will pass before Republicans take control in the new year, many initiatives were included as lawmakers pushed to avert a government shut down and get home for the holidays before winter […]