"FYI FINALLY GOT AN ANSWER TO CCM MEMO"

Fkatz

Veteran Expediter
Charter Member
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 (11/5/1997 WHICH PROVIDES THAT
"VEHICLES USED IN A TRADE OR BUSINESS OF PROVIDING COURIER SERVICES ARE NOT "FOR HIRE" IN THIS CONTEXT, HOWEVER, SINCE THERE USE IS MERELY INCIDENTAL TO THE PREFORMANCE OF SERVICES AND THEY ARE UNAVAILABE FOR THE CUSTOMERS PHYSICAL USE."

tHE ONLY WAY THAT A COPY OF THIS CCA CAN BE REICEVED IS BY CONTACTING YOUR LOCAL IRS OFFICE TO OBTAIN A COPY OF THAT CHIEF COUNCIL ADVISE

BECAUSE YOU ARE NOT FOR HIRE THEN YOU MAY USE THE STANDARD MLEAGE METHOD TO SUBSTANTIATE YOUR EXPENSES. CURRENTLY, IN 2005 ALL MILES ARE FIGURED AT $ .405 PER MILE.

IF YOU USED ANY OTHER FORM OF DEPREICATION ON YOUR VEHICLE THE STANDARD MILEAGE IS NOT AVAILABLE TO YOU. YOU CAN ONLY USED EITHER DEPRECIATION OR THE STANDARD MILEAGE RATE IN THE YEAR THE VEHICLE IS PURCHASED AS NEW.

fINALLY

fRANK
 

davekc

Senior Moderator
Staff member
Fleet Owner
Your information will certainly be of value to alot of folks.

Davekc
 
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