Jeez.... That's why I pay H&R Block the big bucks every year!!
Mother's Day gas spike?
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you may want to find an accountant that specializes in trucking income taxes....
Anybody willing to sponsor my US citizenship? No per mile deduction, no per diem unless you're incorporated, then it's 15% tax PLUS your tax rate when you actually bring it home...also deadheading home is not a deduction...
To keep it on topic, I'm using GasBuddy at every fill up and check all the towns along my route, saved 40 cents a gallon yesterday
To keep it on topic, I'm using GasBuddy at every fill up and check all the towns along my route, saved 40 cents a gallon yesterday
I got the per diem when I lived up there...and I was a "sole Proprietor"
I had to get a company name tho...."Black Hills Delivery" for my Ontario deductions...
Used to work. They want actual receipts now unless you incorporate and work as employee
i had the receipts.....so I could claim back the GST portion of the fuel quarterly...
So you actually spent the 80 bucks a day per diem
please explain I'm on the cusp of bankruptcy againOh yeah one place near me has diesel at 1.23 a litre so 3.60 a gallon US...
you don't have to spend $80...LOL just like down here..its an "Allowance" the cost of being on the road...lodging and meals.....you just have to verify you were away from home those days you are claiming for....So you actually spent the 80 bucks a day per diem
Nope tried that. They demand actual receipts from me for the deductions. Unless I incorporate...thanks tho...that was thru a CPA as well...
I have a group of friends up there doing this biz....I'll talk with them on his to verify..but it sounds like maybe you are getting bad advice....
a CPA that specializes in trucking?
and you still have to sign your plated portion of ownership to carrier to get plates?>....
Um...a CPA that specializes in bankruptcy
if you find out the current rules from them I'd be eternally grateful...No I didn't notice a mother's day gas price spike except on the highway stations...
No anyone without complete ownership and insurance in their own name only was immediately let go
Yet another reason why it's so hard for the Canadians with gas prices...
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