What is Deductions?

Deductions are funds subtracted from the customer (the account debtor) when paying a client’s invoice (other than discounts) and are typically unknown to the factoring company. If known to the Factor’s client they should be disclosed immediately.

Audio Definition/Pronunciation

How Shavings Make a Pile – Trucking Tax Deduction Tips

How Shavings Make a Pile – Trucking Tax Deduction Tips

It was late on a Friday afternoon and I was already thinking of what seasoning I was going to put on the steaks when I…
Top 10 Commonly Missed Tax Deductions

Top 10 Commonly Missed Tax Deductions

Are you unsure of the deductions available to you as a trucking business owner? Don't worry, we're here to help! We've teamed up with Jim…

OTHER TERMS BEGINNING WITH "D"