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    Referral for Frank as a Tax Preparer

    Hi Rich, I thank you for the recomendation If you would like some more recomendations I could give you some Phone #, these drivers and owners do not have e-mail address but I can not give you the e-mail address they are on there tax information screen, so it would be almost impossible Alan...
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    All-Types Expediting

    MAKE SURE YOU MAKE COPIES OF ALL CORRESPONDENCES AND ITME THAT YOU WANT FOR TH ATTY AND OOIDA OR ANYONE ELSE WHO IS SUING DO NOT SEND ORIGINALS TO ANYONE. FRANK
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    COPY OF CCA FROM IRS FILES

    CCA 1997-40 Chief Council Advise CCA 1997-40 Headnote: Reference(s): FULL TEXT: Date: November 5, 1997 CC:DOM:IT&A:2 EBCleverdon — FREV-111132-97 OFFICE OF CHIEF COUNSEL INTERNAL REVENUE SERVICE MEMORANDUM TO: Chief, Kansas-Missouri Appeals Office 8000 STL FROM: Assistant...
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    "FYI FINALLY GOT AN ANSWER TO CCM MEMO"

    HI ALL, IF BULLRUSH CAN'T HELP ME TO GET A COPY OF THE CCM MEMO THAT RELIEVED HIM OF THE STANDADARD MILEAGE DISALLOWANCE ON HIS TAX RETURN A COUPLE OF YEARS AGO, THEN THERE IS ANOTHER PERSON THAT I WISH TO THANK FOR THAT INFORMATION HER NAME IS MARIGIE, THE CCM/CCA IS IRS CCA 1997-40...
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    FYI FINALLY GOT AN ANSWER TO CCM MEMO

    HI ALL, IF BULLRUSH CAN'T HELP ME TO GET A COPY OF THE CCM MEMO THAT RELIEVED HIM OF THE STANDADARD MILEAGE DISALLOWANCE ON HIS TAX RETURN A COUPLE OF YEARS AGO, THEN THERE IS ANOTHER PERSON THAT I WISH TO THANK FOR THAT INFORMATION HER NAME IS MARIGIE, THE CCM/CCA IS IRS CCA 1997-40...
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    Closing out a business

    I have been the sole proprieter of a business with disappointing profits . I have been offered a very good postion as a company driver which I am going to accept and cease operations of my business the end of June . My questions are in regard of the truck I have been claiming deductions on and I...
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    VERY INPORTANT INFO FOR TRACTOR/TRAILER OWNERS

    THIS IS A NOTICE THAT WAS PASSED FOR ALL OWNERS OF HEAVY EQUIPMENT VEHICLES WHO MAKE OUT A FORM 2290 AND HAVE TO PAY $550.00 HIGHWAY USE TAX IN FULL * * Heavy Vehicle Use Tax Must be Paid in Full * * The IRS is reminding truckers and other owners of heavy highway vehicles that they may no...
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    WEEK ONE WITH PANTHER

    yOU ALSO HAVE TO REMEMBER WE ARE COMMING INTO THE WORSE 2 MONTHS OF THE YEAR, JULY BIG # 3 GM FORD CHYSLER, PLUS MOSTLY ALL OF THE CAR MANUFACTER CLOSE DOWN FOR THE FIST 2- 3 WEEKS IN jULY AND OTHERS WILL CLOSE FOR VACATIONS THROUGH JULY AND AUGUST, IT WILL SLOW ALMOST TO A CRAWL, SO HAVE...
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    Pay problems

    There are many owners out there that are greedy S>---- you all know what I mean, If you report them to the IRS, which is what one of my cleints did last year, She Called the IRS and the IRS inturn sent her a filled out Federal Form 4852 Subitute W-2, A copy was sent to the owner, and she...
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    Company Plan?

    Crazynuff, thanks for a part answer, but it is best to register the LLC in you home state, even though the Carrier is another, but since with a One person LLC you are consisdered a Sole Properietor, and A Sch C is made out as if you are not an LLC and are not protected anyway as far as assets...
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    I am trying to find A driver out there

    THIS ONE IS FOR BULLRUSH, I HAVE POSTED A COUPLE OF REQUESTS FROM HIM IN REFERENCE TO THE IRS (CCM) MEMO CONCERING THE STANDARD MILEAGE DEDUCTIONS. I WOULD NEED A COPY OF THAT MEMO INORDER FOR MY CLEINT TO BE ABLE TO TAKE THE STANDARD MILEAGE DEDUCTION THAT THEY ARE DISALLOWING FOR THIS...
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    Accounting for monies to drivers(IRS purposes)

    IF you have any questions you may contact me at Franklin Katz, ATP Frank's Tax & Business Service 226 S. Cherokee ST Kings Mountain, NC 28086 704-739-4039 704-739-3934 FAX 704-300-5143 Cell and E-mail [email protected] I specialize in Trucking- accounting, bookkeeping and income taxes Frank Katz
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    FYI FEDERAL FORM 2290 HIGHWAY USE TAX

    * Major Changes With Revised Form 2290 * * The IRS noted major changes beginning with Form 2290, Heavy Highway Vehicle Use Tax Return, due for the period July 1, 2005 through June 30, 2006. The American Jobs Creation Act of 2004 eliminated the election to pay the tax due in installments...
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    deductions/write offs

    what can i deduct from taxes?fuel,food,tolls,work clothes,office supplies.i'm going into expediting blind.i'm going to work for an o/o first.i have an accountant but she doesn't think i can make alot of money doing this.i do not know if i should incorp/or LLC, or just do nothing.i own my...
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    What to do with ten grand

    Oldprof, Frist of all it will depend on the interest rate that you are paying off on the vehicle, then you have to figure what interest rate you would get if you put it on a new van, you are still going to have a payment, the only thing different would be the business use. If you take...
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    Tax ID Number

    The only thing that you would need that is necessary for you to have is your Social Security Number which is you Federal or State ID Number. You do not have to apply for a Employers Identification Numbr (EIN) or State ID, it is not necessary since you will not be an Employer. with a payroll...
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    per diem

    Very sorry for the late reply, I have been very buzy with tax returns its not 82 per day, it has to be done separately 41 per day each and then multiplied by 70 % and that is the individual deduction must be put on 2 separate SCH C's profit or loss (sole propreitors) on line 24 and must write...
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    First year

    Monkey, That is no problem, as far as a wrong topic, it might help others Frank
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    conway drivers

    If your interested in Landstar, for expediting fine. If your looking into the tractor trailer full load divisions, like lanstar, gemini, ranger, and the others, the OOIDA suit might only pertain to that full load division only, and not our part of the business, Check it out first. I have a...
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    starting in this business

    IN REPLY TO BRYAN TAX ANSWERS, IF YOU ARE AN O/O SIGNED ON TO A COMPANY YOU ARE CONSIDERED AN INDEPENDENT CONTRACTOR AND THE LEASING COMPANY DOES NOT PAY ANY TAXES AT ALL YOU ARE ON A 1099 MISC FORM YOUHAVE TO PAY YOUR OWN TAXES, if YOU MAKE A PROFIT YOU WILL PAY INCOME, SS, AND MEDICARE TAXES...
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