Hmm interesting business strategy... :)
Your accountant is definitely not right, he is probably unlicensed tax preparer (you can open tax prep office without any education and knowledge,...
Lol I am an EA but waiting for admins to approve my posts where I can post my business name. Also a trucker... I hope they have paid marketing not...
Regular 3 years method of depreciation is better because it will lower your taxes for 3 years. If you deduct all in one year, next few years you...
Pay off is the best way to go. You are avoiding interest on the loan You can choose either a 3 year method, or section 179, or bonus depreciation...
No you can't. Your truck has been deducted thru lease payments...
You pay taxes only in the state where you are a resident (where your cdl is issued, where you get mail and where you are registered to vote...) So...
You understood well. Per diem is backed up with the log books in case that you are audited... You need receipts if you spend over $69 per day.
You are ok to pay with cash just keep the receipt...
