my taxes are subsidized by the government, my social security pays about 50% of my taxes.
New trailer coming in November and the government is helping pay for it with the money I’m not going to have to give the irs.
If I could just figure out a way to deduct a new c-8 Corvette
Fuel mileage vs. fuel deduction.
Discussion in 'Ask An Owner Operator' started by Gutter, Oct 18, 2020.
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Final Drive, D.Tibbitt, blairandgretchen and 2 others Thank this.
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If you’re making 80,000 off of 23% that’s roughly 345,000 gross a year to company on 50,000 loaded miles . As a owner op on 74% if rushing got me a extra load a week I can see profit in it...
Shanebklyn, D.Tibbitt and Gutter Thank this. -
I know my fuel cost for bidding work and that’s about it, if it’s 75* out I’m going to idle for ac, if I can get somewhere earlier by running 70 instead of 65 I do, that being said, if I don’t NEED to run 70 or idle I don’t, save it when I can use it when I need it....you want to throw thousands of extra tax dollars into useless politicians pockets and big corporations you go right ahead, as long as I Turn enough to keep my savings account comfy for breakdowns/repairs and My bills paid I can always find something to put into the business
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The Vette is a company car. Just another benefit for the CEO.D.Tibbitt Thanks this. -
Problem is I get a trailer built so I can make more money, then I pay more taxes.RStewart, Final Drive and D.Tibbitt Thank this. -
My goal is to pay 1 million dollars a year in taxes.God prefers Diesels, Accidental Trucker and D.Tibbitt Thank this. -
God prefers Diesels, D.Tibbitt, RStewart and 2 others Thank this.
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I think I’ll buy a hot tub since I can deduct it as a resting my back expense. Hey it’s free money so why not?
God prefers Diesels and D.Tibbitt Thank this. -
Vampire, Old Man, God prefers Diesels and 1 other person Thank this.
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Makes senseAccidental Trucker Thanks this.
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