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    SOMETHING VERY INTERESTING POPPED UP ON MY FORUM

    RE: SOMETHING VERY INTERESTING POPPED UP ON MY FOR HI ALL AGAIN, USE ONLY 484120, 484110, OR 484200 ONLY fRANK
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    SOMETHING VERY INTERESTING POPPED UP ON MY FORUM

    THE ARTICLE WRITTEN BY JACIE. HE/SHE ASKED WHAT BUSINESS CODE WAS THE CORRECT ONE TO PUT ON THE SCHEDULE C, PROFIT/LOSS FROM BUSINESS IT SEEMS THAT IF THE INCORRECT CODE WAS WRITTEN IN AS ONE OF THE FOLLOWING #'S IT MIGHT OF SET YOU UP FOR THE AUDIT AND DISALLOWANCE THE STANDARD MILEAGE...
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    IRS Business Code/Standard Mileage

    Hi Jacie, I understand your brand new to the forum, and I think you just hit the nail on the button. The correct code for the expediting business is 484120,General freight trucking, no others should be used on the Sch C where it says business code. FRank
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    GVWR / GCWR Rating

    STREETSWEEPER, I REALLY DO NOT KNOW THE EXACT ANSWER TO THAT QUESTION YOU WOULDHAVE TO GO TO YOUR STATES DOT REGULATIONS TO FIND OUT OR YOUR LOCAL DMV OFFICE FRANK
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    INCOME TAXES ARE DUE BY 4/15/03

    HI ALL, GUESS WHAT, THERE IS ONLY 9 DAYS LEFT YOU YOU TO GET YOUR INCOME TAX FORMS FILED FOR TAX YEAR 2002, OTHERWISE IT IS GOING TO COST YOU A PENALTY FOR LATE FILING IF YOU OWE TAX IT IS ALSO GOING TO COST YOU AROUND 18% PER MONTH IN INTEREST AND PENALTY CHARGES UNTILL PAID. tHAT IS NOT...
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    Can I make a living at this????? (Pt.2)

    DooWop, I dont know where he gets his figures from but after expense it sould come out to somewhere around 25-30% of the gross. in a "D" straight truck, Because of 1 item that you do not consider when figuring income, the Diem Pay, and this could be around $7800 bucks if your out around 300...
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    GVWR / GCWR Rating

    Hi streetsweeper, I have no idea of what or why they are rating the Cargo Van, by axle weight, A "b"unit is a standard vehicle similar to a pick up of 1 ton capacity, I think that some one is pulling your leg, plus you cannot put a more than a 8-1 ft trailer on it because it will not be...
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    GO TO ASK JEEVES! DRIVERS ARE NOT INDEPENDANT CON

    RE: GO TO ASK JEEVES! DRIVERS ARE NOT INDEPENDANT HI TONY, POODLENME, AND DKALASE THE REAL EXPLANATION I AM COPYING AND PASTING FROM THE IRS WEB SITE Topic 762 - Independent Contractor vs. Employee To determine whether a worker is an independent contractor or an employee, you must examine...
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    indepedent contractor drivers have no rights! Why

    RE: indepedent contractor drivers have no rights! Streetsweeper, you said in your thread that a NON COMPETE STATEMENT WAS IN YOUR CONTRACT THAT THE OWNER WANTED YOU TO SIGN, FIRST OF ALL IN THE TRUCKING BUSINESS THERE IS NO WAY THAT A NON COMPETE AGGREEMENT SHOULD BE IN THERE, DUE TO THE...
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    Actual copies of invoices to shipper

    HEY ALL, I MIGHT BE OPENING A CAN OF WAX, BUT THIS IS TRUE!!!!!! JUST WONDERING OUT THERE IF ANY OWNERS, DRIVERS, OR ANYONE IN THE BUSINESS HAS ACTUALLY RECIEVED A REAL INVOICE THAT WAS BILLED TO THE SHIPPER, TO COMPARE WHAT THE ACTUAL RATE, MILES AND ETC THAT WE ARE SUPPOSE TO RECIEVE WITH THE...
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    STANDARD MILEAGE METHOD

    Hey , Tony, I spoke to Bullrush live, and explained to him the same that I have always said, there is a Chief council memo, but I can not find it either, in Jan 2001 we went over this on my forum, and it was asked by Dryrun, I havent heard from him as yet, he is the one that brought up the...
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    THIS POST IS FOR "DRYRUN" RE : CHIEF COUNCIL MEMO

    DRYRUN, I DONT KNOW IF YOU REMEMBER THE ARTICLE ABOUT THE STANDARD MILEAGE DEDUCTION DISALLOWANCE THAT YOU WROTE ABOUT ON MY FORUM ON JANUARY 30, 2001, WHAT I AM ASKING IS DO YOU REMEMBER THE CHEIF COUNCIL MEMO # THAT WAS INVOLVED WITH IT. I CANNOT SEEM TO FIND ANY INFORMATION ON THAT MEMO...
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    per diem food allowance

    To Newthead & Rich M. If you look on my forum you will notice the exact information that you are looking for. I posted it as soon as I found out when the increase was taking effect. DO NOT FORGET IT IS BASED ON THE TIME YOU LEFT AND THE TIME YOU RETURNED TO YOU REGULAR HOME. YOU HAVE TO...
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    Empty Miles

    Bullrush< attached is a copy of the correspondance that was orginally posted On January 30, 2001 by DRYRUN DryRun Charter Member 4 posts Rate this user "Standard Mileage vs. Actual Expenses" Jan-25-01, 11:30 PM (EDST) Please address the issue of using standard mileage vs. the actual expense...
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    Empty Miles

    If you are leased to a company like landstar, ctx, tri-state, express 1, tst, tnt, conway fedexcc and others in your contract it should state that the company has exclusive use of your vehicle. this is your proof that you are not for hire. and only carry there loads, or you can take loads from...
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    What about CTX ?

    I used to drive, but now I am an owner with a driver on with CTX (225012) Cargo VAN They are one of the only companies that you can lease on to with a pick-up with cap, they consider it a "A" unit. but it must be able to handle 2 skids in the back. and have an opening of at least 54" wide so...
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    Looking for a company in Western NC

    hI RANDY WHERE DO YOU LIVE IN NC, THIS IS FRANK FROM FRANKS TAX SERVICE IN KINGS MOUNTAIN, ALL-STATES EXPRESS IN MOORESVILLE OR AROUND THAT AREA. IF YOU DONT HAVE A TRUCK, I KNOW AN OWNER WHO HAS A SMALL EXPEDIATING CO OF OF CHARLOTTE, PARKS HIS TRUCKS BEHIND THE AIRPORT IF STILL THERE, I...
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    Empty Miles

    HI BENKELYN, IT TRUE ABOUT WHAT YOU HAD SEEN, BUT IT PERTAINS ONLY TO VEHICLES UNDER THE 10,000 GVW. WHERE THE DEADHEAD IS INCLUDED IN THE MILES THAT DRIVER PUTS ON ALL YEAR, NOT JUST DEADHEAD, THIS IS LEGAL. THE MAIN REASON IS BECAUSE ANY VEHICLE UNDER 23,000 LBS GVW DO NOT PAY FUEL TAX TO...
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    Leasing vs Buying

    Hi BOXTRUCK, YES; IF YOU LEASE YOU CAN ALSO TAKE THE MILEAGE RATE. BUT!!!!!!! FROM WHAT I HEARD THRU THE GRAPEVINE IS THAT A LOT OF "D" UNIT DRIVERS/OWNERS ARE TAKING THE STANDAND MILEAGE RATE, BUT, THE LEGALLITY OF IT, IS ILLEGAL, IN A GVW TRUCK OVER ACTUALLY 10,000 LBS YOU ARE SUPPOSE TO...
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    Tax number & incorporating

    Hi Mouse549 Sorry for the delay but I thought I answered all the questions. As far as incorporation, I would say no right now. See how it goes first then decide if you want to incorporated. with incorporation you need a lawyer, or use one of the self incorportation kits you find at office...
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