Tax Reform

Travel plazas and truckstops are generally one of the largest taxpayers in their respective communities. As Congress considers comprehensive tax reform legislation, NATSO will work to ensure they consider the industry's important perspective.   

There are a number of provisions in the U.S. tax code that impact travel plazas’ and truckstops’ operations.  NATSO members operate diverse businesses, and their ability to grow and create jobs depends largely on a fair, efficient tax code.  What’s more, many NATSO members pay taxes at individual rates, including owners who pay taxes on income that comes through S corps, limited liability companies (LLCs), and other “pass-through” entities.  

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  • IRS Releases Fact Sheet on Tax Reform Changes for Businesses

    The IRS released a fact sheet summarizing changes from the Tax Cuts and Jobs Act that affect business taxpayers.

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  • IRS Proposes New Rules Regarding Pass-Through Entities

    In early August the Trump Administration proposed regulations that would implement and interpret the new rules governing pass-through entities pursuant to the comprehensive tax reform law that was enacted last year. As a general matter, section 199A of the tax reform law allows taxpayers other than corporations a deduction of 20 percent of qualified business income earned in a qualified trade or business, subject to certain limitations.

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  • NATSO Summary and Analysis of Tax Reform Legislation for Truckstops and Travel Plazas

    In late December, 2017, Congress passed the most comprehensive rewrite of the U.S. tax code in more than 20 years. The legislation contains a litany of substantial policy changes that will have direct implications for travel plaza and truckstop businesses. NATSO has provided for its members this detailed summary and analysis of this legislation and the affect it could have on their businesses.

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    • David Fialkov
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  • NATSO ANALYSIS: Treatment of Pass-Through Entities Subject to Debate as Tax Reform Legislation Enters Final Stretch

    Determining how to treat businesses organized as pass-throughs has been one of the more controversial components of the tax reform legislation that congressional negotiators are attempting to finalize before Congress breaks for Christmas.

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