Expedite Trucking Forums - View Single Post - REFERENCE DISALLOWANCE OF STANDARD MILEAGE BECAUSE

Fkatz · 10-01-2003, 11:44 AM

hi DREAMER,

AS A MATTER OF FACT THE ANSWER IS NO, I HAVE NOT RECEIVED ANY INFORMATION ON IT,
I CANNOT FIND THE ORIGINAL CHIEF COUNCIL MEMO IN MY RESEARCH ON THIS, BUT THERE IS NO STANDARDIZATION AS A DEFINITION FOR USING THE STANDARD MILEAGE ALLOWANCE, I KNOW THAT IS A LARGER DEDUCTION VERSUS ACTUAL FOR A CARGO VAN
fIRST OF ALL WHERE ARE YOU LOCATED STATE WISE, AS FAR AS A POSSIBLE AUDIT AND DISALLOWANCE, THEY WOULD HAVE TO PULL EVERY TRUCK DRIVERS RETURN AND GO THROUGH IT COMPLETELY AND THEY DO NOT HAVE THE PERSONNAL TO DO THIS. REMEMBER ITS A RAMDOMLY PICKED RETURN FOR AUDIT, CHANGE YOUR CLASSIFICATION TO DELIVERY SERVICE/COURIER, CODE 492000, A COURIER CARRIES SKIDS ALSO, cOURIER sERVICES THE MILEAGE IS ALLOWED. INSTEAD OF OTR CODE 484120

NOW DO YOU OWN MORE THAN ONE VAN, OR DO YOU OWN A "D" AND A "B", IF SO YOU HAVE TO USE ACTUAL EXPENSES,
ARE YOU DOING YOUR RETURN YOURSELF, OR HAVING IT DONE BY SOMEONE.
I KNOW YOUR IN BUSINESS QUITE A WHILE, HAS YOUR TAX PREPARER GIVEN YOU ALL THE POSSIBLE DEDUCTION ALLOWABLE, HAS HE TAKEN MILEAGE BEFORE, IF SO KEEP TAKING IT UNTIL CAUGHT. I WOULD STILL KEEP ALL THE RECEIPTS ANYWAY. I'VE BEEN TAKING MILEAGE SINCE I STARTED MYSELF.
HAVE NOT BEEN AUDITED.

HAS HE OR YOU TAKEN DEPRECIATION ON A VEHICLE, IF SO ITS ONLY FOR 3 YEARS ON A "d" & "e" AND 5 YEARS ON A "A,B OR C". USED THE INTEREST, LIABIILITY, BOBTAIL, CARGO INSURANCE, ETC , ON THE VEHICLE IF DOING ACTUAL

IF YOU WOULD LIKE ME TO DO YOUR RETURN, CALL OR E-MAIL AND I WILL SEND YOU THE INFORMATION.

FRANK

[Fkatz1@aol.com]

10-01-2003, 11:44 AM	#3 (permalink)
Fkatz Moderator Join Date: Nov 1999 Location: . Rating: Posts: 553	RE: REFERENCE DISALLOWANCE OF STANDARD MILEAGE BEC hi DREAMER, AS A MATTER OF FACT THE ANSWER IS NO, I HAVE NOT RECEIVED ANY INFORMATION ON IT, I CANNOT FIND THE ORIGINAL CHIEF COUNCIL MEMO IN MY RESEARCH ON THIS, BUT THERE IS NO STANDARDIZATION AS A DEFINITION FOR USING THE STANDARD MILEAGE ALLOWANCE, I KNOW THAT IS A LARGER DEDUCTION VERSUS ACTUAL FOR A CARGO VAN fIRST OF ALL WHERE ARE YOU LOCATED STATE WISE, AS FAR AS A POSSIBLE AUDIT AND DISALLOWANCE, THEY WOULD HAVE TO PULL EVERY TRUCK DRIVERS RETURN AND GO THROUGH IT COMPLETELY AND THEY DO NOT HAVE THE PERSONNAL TO DO THIS. REMEMBER ITS A RAMDOMLY PICKED RETURN FOR AUDIT, CHANGE YOUR CLASSIFICATION TO DELIVERY SERVICE/COURIER, CODE 492000, A COURIER CARRIES SKIDS ALSO, cOURIER sERVICES THE MILEAGE IS ALLOWED. INSTEAD OF OTR CODE 484120 NOW DO YOU OWN MORE THAN ONE VAN, OR DO YOU OWN A "D" AND A "B", IF SO YOU HAVE TO USE ACTUAL EXPENSES, ARE YOU DOING YOUR RETURN YOURSELF, OR HAVING IT DONE BY SOMEONE. I KNOW YOUR IN BUSINESS QUITE A WHILE, HAS YOUR TAX PREPARER GIVEN YOU ALL THE POSSIBLE DEDUCTION ALLOWABLE, HAS HE TAKEN MILEAGE BEFORE, IF SO KEEP TAKING IT UNTIL CAUGHT. I WOULD STILL KEEP ALL THE RECEIPTS ANYWAY. I'VE BEEN TAKING MILEAGE SINCE I STARTED MYSELF. HAVE NOT BEEN AUDITED. HAS HE OR YOU TAKEN DEPRECIATION ON A VEHICLE, IF SO ITS ONLY FOR 3 YEARS ON A "d" & "e" AND 5 YEARS ON A "A,B OR C". USED THE INTEREST, LIABIILITY, BOBTAIL, CARGO INSURANCE, ETC , ON THE VEHICLE IF DOING ACTUAL IF YOU WOULD LIKE ME TO DO YOUR RETURN, CALL OR E-MAIL AND I WILL SEND YOU THE INFORMATION. FRANK [Fkatz1@aol.com]