PIB TIP: GIVE TO GOOD CAUSES. Donations to churches, scholarship endowmnets, charities such as the Red Cross and the Salvation Army and nonprofits like Trucker Buddy International are tax deductible. Gifts to business associates are tax deductible, too, but limited: $25 in gifts per associate per year. If you’re leased to a fleet, keep in mind that some carriers have policies against your giving gifts to dispatchers or safety officers; doing so looks like bribery and could void your contract. The Partners in Business program is produced by Overdrive and the consultants at ATBS, the nation’s largest owner-operator business services firm, and is sponsored by Freightliner Trucks.
Overdrive Staff | July 06, 2011
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