Writing off an overweight ticket?
Discussion in 'Trucker Taxes and Truck Financing' started by RunningAces, Jun 20, 2019.
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Nope
bigguns and RunningAces Thank this. -
Rats. Thanks
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No problem. Any fines or penalties imposed by goverment agency will never be allowed as a tax right off.
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It's been nearly 25 years since I was self employed, are you saying a business can not put a fine or penalty down as a business expense?
MartinFromBC and D.Tibbitt Thank this. -
Man only a true outlaw asks if they can write their tickets off on their taxes lol thats ###### driver , hammer down be safejamespmack, PE_T, FlaSwampRat and 3 others Thank this.
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Just write it off as overweight permit. No one will know the difference.
D.Tibbitt, PE_T, win-some-loose-less and 1 other person Thank this. -
It wouldn’t be much of a penalty if you can write it off.kemosabi49 and p608 Thank this.
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It is a legit business expense. A business owner is not taxed on income they do not earn.D.Tibbitt, Nostalgic, FoolsErrand and 1 other person Thank this.
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so, the deterrence intended by courts imposing financial penalties on corporations that break laws and regulations is irrelevant ? then what is stopping them from doing whatever whenever, hmmmm ?
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