Can Fines and Court Costs be written off on taxes?
Discussion in 'Questions From New Drivers' started by dsmatuska, Jan 27, 2009.
Page 2 of 2
-
-
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
-
NO YOU CAN NOT RIGHT OFF TICKETS...I WISH LOL
BUT YOU CAN TAKE THAT AMOUNT AND RIGHT OFF ''DONATION'' AT SALVATION ARMY
ALWAYS AWAY AROUND IT. -
hmmmm maybe ill try sneaken a couple those tickets threw
-
What did you get wrote up for? -
-
Why????????????????????????????? -
And pull salt from Morton Salt, located about 10 miles from the State Scale, and 30 miles from a CAT scale.
-
I have been told that time spent on cleaning and maintaining my truck are not deductable, or claimable.
So can I claim time doing my accounting books at the house for my O/O company? And what about the office space. I was told I could claim that? Is it true? -
You are most likely a cash basis tax payer. You recognize income as it comes in and expenses when going out. Since you cannot take an expense when cash is not paid, no, you do not get the deduction.
It is no different than the work you do on the truck.
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
Page 2 of 2