Eligible Meal and Lodging Expenses for Long-Haul Truck Drivers in Canada. Long-haul truckers in Canada are allowed to make a large number of tax deductions. Knowing what is eligible can help minimize your tax burden.
Over the last several months, many Canadian small business owners and independent contractors - including farmers and truck drivers - have likely noticed that the nation seems to be in a bit of economic distress right now. However, one thing that may be encouraging for owners at this difficult time is the idea that it shows just how important it is to have a comprehensive tax strategy in place, which can be monitored over the entire course of the year.
Tags: Farm Taxes, Small Business Taxes, Tax Planning, Transportation & Logistics