No one likes change, but there is typically a light at the end of the tunnel. Or at least that's what over-the-road company truck drivers are hoping for when it comes time to file 2018 taxes. Many drivers itemize deductions, including per diem rate pay, supplies gear, etc and until the new laws, could expect to deduct their taxable income by a sizeable sum after all deductions were calculated.
However, the new tax laws say goodbye to itemization for this group of drivers. Itemized deductions will be replaced with a standard deduction of $1 [...]