Tax issues....maybe

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Here's a question I haven't seen posed or answered.

What are the ramifications of a driver writing off (on his/her taxes) a charge back for fuel used to idle the truck ???

Way I see it......am I wrong ??

Company charges you X amount of dollars to idle truck. They claim IFTA and expense of fuel. What does that leave you ?? Legally ????

The companies I hear doing this, aren't providing the driver with a receipt. They merely deduct it from their check, which gives them a receipt of sort.

Would the driver be wrong to write these deductions off ????

If both file on these expenses, would one party or the other be committing fraud ??

Would it not be fraud to file an expense, if you recovered that expense PLUS a profit ???

 

I figured you would jump on this LOL. Thanks.

Okay, so what you're saying is. BOTH can write these expenses off ?? Legally.

 

I wonder if some company is actually separating these fuel receipts and payroll deductions when it comes tax time??

Hmm, maybe I should plant a bug in the ear of the IRS and IFTA. And have them take a look at said company.

Not my company...I just hate dirtbags in general.

 

I truly believe they (FMCSA) are avoiding a conflict with the EPA.

While I agree the fuel was used in the truck. If the driver writes off the entire cost of said fuel. How is the Fed making any money? If the company claims it on IFTA ? Not to mention "business expenses".

Taking business expense out of the equation altogether. It would seem the Fed loses money. And we both know, the Fed hates losing money. Especially tax money.