Details matter with your taxes

June 13, 2018

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LLN (6/12/18) – Details matter with your taxes. Skimping on the details could land you in hot water. We’ll have that, plus: California voters put transportation revenue into a lockbox; the San Francisco Bay area votes to raise tolls; a new Missouri law will block many roadside inspections; and the issues that keep cropping up on Capitol Hill.

0:00 – 9:56 – Newscast

9:56 – 24:45 – Get the details right on your taxes

24:45 – 39:37 – California highway tax lockbox; higher tolls in Bay Area

39:37 – 49:47 – Unsafe roadside inspections get the boot from Mo.

Segment 1

Daryl Yearout of South Haven, Kan., has been recognized by the Owner-Operator Independent Drivers Association for 72 years of safe, accident-free driving as part of the OOIDA Safe Driving Award Program. Learn more about the OOIDA Safe Driving Award Program.

Thunderstorms that raced through western Iowa last night flipped a total of six semis on interstate 29 south of Council Bluffs, Iowa. The National Weather service says straight line winds of 80 miles per hour and higher were recorded. You can see video of the overturned semi-trailers here.

Navistar is recalling some 2019 International LT diesel trucks. According to the National Highway Traffic Safety Administration, the lightweight brake drums with slack adjusters may drag against the brakes causing the drums to overheat. Dealers will replace the brake drums and slack adjusters and replace the brake linings for free.

Segment 2

Details matter – and they rarely matter more than they do with the IRS. That can lead to some challenging discussions with your tax preparer. Mark Reddig gets some advice on that and more with Shasta May of MBA Tax and Bookkeeping Service.

Segment 3

Voters in California this week said they do not want elected officials to shift new transportation revenue away from transportation. Meanwhile, voters in the San Francisco area decided to pay more to cross bridges, securing more money for transportation work throughout the region. Terry Scruton finds out the details from Land Line Magazine’s Keith Goble.

Segment 4

A new law in Missouri means that if you’re on a highway with a speed limit over 40, you’ll no longer face the prospect of roadside inspections. Mark Reddig covers that – and some other issues that keep cropping up on Capitol Hill – with OOIDA’s Director of Safety and Security Operations Doug Morris.