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Small business & company tax · Oct 9, 2026

Executive Order 14435: Federal Diesel Excise Tax Deferral and Dyed-Diesel Penalty Relief (Oct. 5–Dec. 31, 2026)—Checklist for Truckers, Farmers and Fuel Retailers | YCL | YCL CPA

Executive Order 14435, signed October 5, 2026, directs Treasury to defer certain 24.4¢-per-gallon federal diesel taxes incurred October 5–December 31, 2026 and to waive dyed-diesel highway penalties, if the law allows. It is a deferral, not forgiveness—here is what truckers, farmers and fuel retailers in every state should track while IRS guidance is pending.

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