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AICPA Endorses Bipartisan Bill to Expand Use of 529 Savings Plan

AICPA Endorses Bipartisan Bill to Expand Use of 529 Savings Plan
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Lawmakers reintroduce legislation to support America's trucking industry

The bipartisan Strengthening Supply Chains Through Truck Driver Incentives Act would provide a short-term, fast, and straightforward incentive to attract and retain new drivers. Specifically, the Gallagher-Spanberger bill would create a two-year refundable tax credit of up to $7,500 for truck drivers holding a valid Class A commercial driver’s license (CDL) who drive at least 1,900 hours in the year. ....

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