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Nightcreacher explained the correct senario. Do not purchase anything until you are ready to go on the road with a contractor. the main reason is that the item might already be installed in the vehicle. Franklin Katz, ATP ,PA, PB Frank’s Tax and Business Service 120 York Rd Kings...

I understand where you are coming from, but if this is your first year and don't know what exactly to do, have a professional prepare and file them for you. But there are specific requirement that will be requested by the professional for proof of your deductions. if the proof is not...

[b]Why does the per diem confuse so many, it is simply stated that the per diem is for reimbursement of food only, it does not cover showers, laundry and other misc expense. As I said before, if you fuel and have a fueler card, you do not pay for showers so they are not deductible, but...

06-21-2010, 05:45 AM #1 (permalink) sparkle8859 Member Join Date: Apr 2010 Posts: 32 can I use my husbands tax return to pay for my taxes -------------------------------------------------------------------------------- my husband hasn't filled in 2 years,we know he's...

Hi Bob, Linda, DeiselDiva, etc. Laundry is a Completely legal deduction but since no receipts are available you have to make one up. as follows example: Date: Place (T/A Knoxvile, TN ) Washing Machines: $ 00.00 Dryers: $ 00.00 Washing Detergent $ Bleach...

You must own a Cargo Van to use the standard Deduction If this deduction is used YOU CANNOT DEDUCT THE FOLLOWING ANY REPAIRS, TIRES, PARTS, OIL AND ALL MAINTENANCE LIABILITY, COLLISION, BOBTAIL INSURANCE iF MILEAGE IS USED: THE TAX DEDUCTION LIMIT IS 5 YEARS BY IRS CODE, AFTER THE 5TH...

More Per Diem Questions -------------------------------------------------------------------------------- I was a company driver from January thru June, Then as a driver for a fleet owner July till now. So do I file per-diem on form 2106 at the $52 rate, Did your wife drive for the...

it depends on the area, or audit trail that is being saturated for audits, There is no guarantee that will not be audited, but as long as you have accurate record, and a copy of your lease contract that states that you the company you are leased to has exclusive right to you vehicle and you...

The 2010 Per Diem rate is $59.00 per day subject to 80% of the total at least until September 30, 2010 The standard mileage rate for 2010 is 50.5 cents per mile. Franklin Katz, ATP ,PA, PB Frank’s Tax and Business Service 120 York Rd Kings Mountain, NC 28086-3151 (704) 739-4039 Fax...

HI ALL It seems that there is much confusiion about the per deim and how it works, On the day you leave it is based on the time of day, if you leave from 6AM to Noon it is 3/4 day, noon to 6PM is considered 1/2 day, and after 6 PM to midnight a 1/4 day. If you are in a cargo van...

. Information Release For Release: Immediate Release Date: March 3, 2010 Subject: Tax / Consumer Interest Media Contact: Professional’s name: Franklin Katz, ATP, PA, PB Professional’s business name: Frank’s Tax & Business Service Business address/location...

Morning ALL!! This is very important for all taxpayers, there is an e-mail going around that states that you can get an additional Refund from the IRS. The IRS DOES NOT SEND OUT E-MAILS TO ANY TAX PAYER!!!!!!, DO NOT REPOND, OR OPEN THE ATTACHMENT TO IT , IT IS A SCAM!!!. IT READS AS...

ARE YOU A FIRST TIME DELINQUENT TAXPAYER Its April 10, 2010, I find myself sitting across the conference room table from a long time client. John has owned a Landscaping business for 15 years. I have just told him that he owes over $10,000 in Income Taxes. John looks up at me, his face...

The standard mileage rate for 2010 is $ 50.5 per all business miles, if any change will take place it will not happen until Sept 30,2010 Frank

hI ALL: Fedex sent all the 1099 out on the 31st of January, which really does not give the Owner the time to get the 1099 to you, but He should already know exactally how much to paid you being the contractor. If you do not receive the 1099 from you contractor, he could be not...

Originally the the per diem law state that you would have to stick with it all year, but what you see is the from the OOIDA Website, I couldn' t find anythingon the IRS Web site, why I do not know normally there is on.;ly 1 paragraph in the publication, I went though all of them and did not...

Re: per Diem -------------------------------------------------------------------------------- 80% of $52 for the first 9 months of 2009. 80% of $59 after October 1, 2009. __________________ MOOT. here is the law for per diem for 2009, 2010 and previous years What is the per...

Hi All, If you ask the IRS Directly and really get an answer is "NO" it is not a legal deduction, they consider it entertainment , Here is the list of what legally is not deductible on a truck VCR, DVD, TV, Satellite TV, Lot lizards movies while on the road this is due to it is...

HEY, anyone remember Conway Now, They did the same thing

Here are item that can be deducted for tax year 2009 All of these items are printed in the 2009 Publication 17, Individual Income Taxes which is available online at Publications Online. So if you have any questions that you have asked or want to know about please refer to IRS Publication...