Jan..2017 locations & more

ntimevan

Veteran Expediter
Owner/Operator
Today's chore is get end of year spread sheet to the accountant and wait for the 1099


Lost in Space.

And back in Service ... but i am in NO hurry to leave .... freezing rain outside in Iowa ... college football games inside ... Texas freight can wait ...

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And .... Fastman got me rolling on 2016 taxes ... all Misc. business items sorted out and added up ... monthly mileage sheets and Per-diem days totaled up ... and 9 months of gas receipts added up .. . 3 months left - but it can wait till next trip home ... time to rest ... Grandson will be here at 7.30 am in morning ...

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OntarioVanMan

Retired Expediter
Owner/Operator
Today's chore is get end of year spread sheet to the accountant and wait for the 1099


Lost in Space.

And back in Service ... but i am in NO hurry to leave .... freezing rain outside in Iowa ... college football games inside ... Texas freight can wait ...

Sent from my SM-G900M using EO Forums mobile app
And .... Fastman got me rolling on 2016 taxes ... all Misc. business items sorted out and added up ... monthly mileage sheets and Per-diem days totaled up ... and 9 months of gas receipts added up .. . 3 months left - but it can wait till next trip home ... time to rest ... Grandson will be here at 7.30 am in morning ...

Sent from my SM-G900M using EO Forums mobile app
ummm.....Y are you adding gas receipts?
 

jujubeans

OVM Project Manager
-8 feels like -30 Don't think I'll be shoveling today..musta buggered up my body when I did that 360 more than I thought. Did some shoveling yesterday and my back and knees hurt this morning!
 

OntarioVanMan

Retired Expediter
Owner/Operator
-8 feels like -30 Don't think I'll be shoveling today..musta buggered up my body when I did that 360 more than I thought. Did some shoveling yesterday and my back and knees hurt this morning!
I told ya you'd be sore once the adrenalin rush was over...I seen people seeming unhurt and walk away from an accident only to collapse an hour later...

Psssst look ...Iowa guy is counting gas receipts....LOL now there is self induced pain....LOL
 
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jujubeans

OVM Project Manager
-8 feels like -30 Don't think I'll be shoveling today..musta buggered up my body when I did that 360 more than I thought. Did some shoveling yesterday and my back and knees hurt this morning!
I told ya you'd be sore once the adrenalin rush was over...I seen people seeming unhurt and walk away from an accident only to collapse an hour later...

Psssst look ...Iowa guy is counting gas receipts....LOL now there is self induced pain....LOL
Maybe someone should tell him about the per diem?
 
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OntarioVanMan

Retired Expediter
Owner/Operator
-8 feels like -30 Don't think I'll be shoveling today..musta buggered up my body when I did that 360 more than I thought. Did some shoveling yesterday and my back and knees hurt this morning!
I told ya you'd be sore once the adrenalin rush was over...I seen people seeming unhurt and walk away from an accident only to collapse an hour later...

Psssst look ...Iowa guy is counting gas receipts....LOL now there is self induced pain....LOL
Maybe someone should tell him about the per diem?
he knows of that it appears...but looks like he is using the "Actual" method...he losing 1,000's if he is....and lots of unnecessary adding...the Flat rate especially with a new van is the by far winner...
 

fastman_1

Veteran Expediter
Owner/Operator
I told ya you'd be sore once the adrenalin rush was over...I seen people seeming unhurt and walk away from an accident only to collapse an hour later...

Psssst look ...Iowa guy is counting gas receipts....LOL now there is self induced pain....LOL

I send everything to the accountant, what he does is up to him, must work since I rarely have to pay, and we get a nice refund every year


Lost in Space.
 
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OntarioVanMan

Retired Expediter
Owner/Operator
I told ya you'd be sore once the adrenalin rush was over...I seen people seeming unhurt and walk away from an accident only to collapse an hour later...

Psssst look ...Iowa guy is counting gas receipts....LOL now there is self induced pain....LOL

I send everything to the accountant, what he does is up to him, must work since I rarely have to pay, and we get a nice refund every year


Lost in Space.
you file joint? and pay 1/4ly tax?
 

OntarioVanMan

Retired Expediter
Owner/Operator
I told ya you'd be sore once the adrenalin rush was over...I seen people seeming unhurt and walk away from an accident only to collapse an hour later...

Psssst look ...Iowa guy is counting gas receipts....LOL now there is self induced pain....LOL

I send everything to the accountant, what he does is up to him, must work since I rarely have to pay, and we get a nice refund every year


Lost in Space.
you file joint? and pay 1/4ly tax?
Last year we got out frst ever refund because the year before we were forced to pay quarterly thanks to the tax changes of Congress..Obama wanted my money up front..go figure..
 
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OntarioVanMan

Retired Expediter
Owner/Operator
you file joint? and pay 1/4ly tax?

Yes we file joint, usually my mileage wipes out Mrs.Fast tax liability and we get all hers back. And just yearly


Lost in Space.
yeah same here....don't now why Mr. 3000 is doing what he is doing unless he just likes to add....LOL

at 200,000 miles for the year say at .55 a mile....thats a whopping $110,000 deduction right there...not even figuring in per diem
 
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Ragman

Veteran Expediter
Retired Expediter
-8 feels like -30 Don't think I'll be shoveling today..musta buggered up my body when I did that 360 more than I thought. Did some shoveling yesterday and my back and knees hurt this morning!
images
 
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brokcanadian

Veteran Expediter
Owner/Operator
Thanks for rubbing it in guys. No 55 cents per diem in Canada. Actual expenses only.

I don't want to hear another complaint about rates all year :p 55 cent per mile advantage on me
 

ntimevan

Veteran Expediter
Owner/Operator
ummm.....Y are you adding gas receipts?
...
I told ya you'd be sore once the adrenalin rush was over...I seen people seeming unhurt and walk away from an accident only to collapse an hour later...

Psssst look ...Iowa guy is counting gas receipts....LOL now there is self induced pain....LOL

Maybe someone should tell him about the per diem?

Yes we file joint, usually my mileage wipes out Mrs.Fast tax liability and we get all hers back. And just yearly


Lost in Space.

yeah same here....don't now why Mr. 3000 is doing what he is doing unless he just likes to add....LOL

at 200,000 miles for the year say at .55 a mile....thats a whopping $110,000 deduction right there...not even figuring in per diem
... OVM .... you know from phone conversations that Our CPA does the Official Tax work ... but we bring all totals into her ... and Yes the Per Diem and Business miles win out ... however since the tax laws change alittle every year and the CPA itemizes on 1 computer screen and P D and Miles on the other computer screen ... she shows us both breakdowns ... in and out in less than an hour ... easier to add everything up now ... instead of scratching your head 2 years down the road if Audited ...

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