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35 articles for “IRS”

PA SB 65 Signed Into Law

On October 20, 2026, the Pennsylvania House passed Senate Bill 65, which was subsequently signed into law by Governor Shapiro on October 22, 2026. Pennsylvan...

Red Dyed Fuel Update

On October 5, 2026, President Trump issued Executive Order 14435, titled “Emergency Tax Relief on Diesel Fuel”, which directs the United States Treasury Depa...

Exit Planning: Consider All Your Options

For many business owners, the idea of eventually exiting their business means selling the company to a third-party buyer, collecting the proceeds, and retiri...

The 4% Rule and Exit Planning: Will Your Business Sale Fund the Retirement You Want?

For many business owners, their business is their largest asset and a substantial portion of both their current income and future retirement plan. That makes...

Providing Specialized Transportation Under an IEP

National School Bus Safety Week is coming up on October 19-23, 2026, so now is the perfect time for transportation contractors to refresh on topics relating ...

Parent Complaints About Drivers and Aides: Investigation and Response

The first weeks of school often bring complaints as students, drivers, aides, and school personnel adjust to new routes and schedules. A parent may report un...

Post-Trip Inspections: Policy, Practice, and Documentation

The beginning of the school year is an appropriate time for School Bus Contractors to review post-trip inspection procedures with drivers and aides. Pennsylv...

No-Fault Insurance and Passenger Injuries

School buses are by far the safest mode of transportation. In fact, the National Highway Traffic Safety Administration as previously found that school buses ...

Understanding Cash Flow Statements and Profit & Loss Statements

As we approach the end of the school year, school bus operators are already planning work that must be done over the summer months. For most operators, the s...

Components of Indemnity

As we head into spring, many transportation contractors are working on final details of contract renewals with their school districts. When reviewing terms o...

Understanding “Working Capital” in a Buy/Sell Transaction

“Working Capital” is an important part of business buy/sell transactions, but it is not a term commonly used or known by most business owners. Working capita...

Succession & Exit Planning Road Map

Whether retirement is five years away or fifteen, succession and exit planning is one of the most important strategic steps a business owner can take to prot...

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