HA! I'm back. And, I have another question. Actually, I have two questions, but only one applies here.
So, I really need to do my taxes, and I have no idea where to even begin. This will be the first year that I need to file anything other than an EZ1040. So, help, please. I guess the question I have is, what's the best way to go about doing this? I was thinking of just walking in to H&R Block and dumping all my reciepts and paperwork out on the desk, smile meniocholy, and then walk away laughing. Can H&R Block handle this kind of itemized deductions, or should I be looking for an actual CPA? I'm just a lowly company driver working for the lowliest of all refrigerated companies(can you guess which one by that description?) and I haven't even received my tax info from the company yet as far as I know. I'm from Dallas, Texas if anybody has a decent CPA in that area that they want to recommend. Also, can anyone explain to me what the per diem is? I've been pretty much ignoring it when I see it at the bottom of the load assignment.
Thanks for your help,
MS
Confused over taxes...
Discussion in 'Trucker Taxes and Truck Financing' started by DuesyJ29, Jan 22, 2014.
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If you're truly a lowly company driver,,,, the only thing you really need on the trucking side is how many days you spent away from the house for the per diem deduction... Unless you spend over 80+ dollars a day n food-incidentals..
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If you are going to itemize
Large ticket items also count, like laptops, refrigerators, microwaves, etc.
Cleaning supplies for the truck,
Gloves, shoes, boots
Telephone fees, internet fees
Laundry
YOu most likely need to call H & R Block and find out from them what they can do for you or if you need a trucking familiar CPA to do the work for you.
Here is an old thread on TTR that was just pulled up which might have some better info in it.
http://www.thetruckersreport.com/tr...ng/20051-trucker-tax-tips-and-deductions.htmlmickey melon Thanks this. -
You probably want to avoid the "chain" tax preparation companies, and instead go with a tax professional with specialized knowledge of the various tax situations unique to drivers. Filing the wrong forms, not have the proper substantiating documentation, and overlooking available deductions and credits are common problems with non-specialized tax preparers.
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I would advertise my accountant who specializes in trucker taxes but I would get banned by the moderator for advertising. Pm if you need his number
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Agreed, get yourself a tax guy who understands the trucking business, don't run to H n R block, Jackson Hewitt or even turbo tax. Get yourself a good one. He's gonna save you a bundle in taxes.
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Every month 400 people find a job with the help of TruckersReport.