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Starting Lease Purchase.....

Discussion in 'Trucker Taxes and Truck Financing' started by Romans612, Dec 3, 2010.

Page 1 of 6
  1. Dec 3, 2010 #1
    Romans612

    Romans612 Light Load Member

    279
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    Jul 6, 2010
    Dallas Texas
    0
    Is there a overview I can read somewhere on how to begin to understand how to best approach doing my taxes now that I have decided to go lease purchase with KLLM?

    also..... when searching for a tax rep for truckers... should I look to a CPA? a tax attorney? I refuse to go to H+R Block and trust someone who took a "weekend course"....

    is it better to do quarterly or annually?

    so many questions..... so little knowledge on where to start..... :biggrin_25511:
     
    Romans612, Dec 3, 2010
    Romans612, Dec 3, 2010
    #1
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  3. Dec 3, 2010 #2
    Brickman

    Brickman Trucker Forum STAFF Staff Member

    12,908
    12,210
    Sep 17, 2006
    WY
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    JUST SAY NO TO THE FLEACE PURCHASE!!!!!!!!!!!


    Some body is about to get FLEACED and it aint gonna be the company.
     
    Brickman, Dec 3, 2010
    Brickman, Dec 3, 2010
    #2
  4. Dec 3, 2010 #3
    stranger

    stranger Road Train Member

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    Oct 10, 2006
    NC
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    Find a good bankruptcy attorney, you'll need one.
     
    stranger, Dec 3, 2010
    stranger, Dec 3, 2010
    #3
    Hanadarko and Big John Thank this.
  5. Dec 3, 2010 #4
    SweetSouthernRide

    SweetSouthernRide Medium Load Member

    519
    2,188
    Apr 27, 2009
    Northeast Alabama
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    :biggrin_2556:well, you already got the lease purchase, I don't think you will hurt yourself any further by taking your paper work to some dope that had a weekend course...
     
    SweetSouthernRide, Dec 3, 2010
    SweetSouthernRide, Dec 3, 2010
    #4
  7. Dec 3, 2010 #5
    2Tall

    2Tall Light Load Member

    56
    18
    Aug 3, 2010
    Richmond Va.
    0
    :biggrin_2559:
     
    2Tall, Dec 3, 2010
    2Tall, Dec 3, 2010
    #5
  8. Dec 3, 2010 #6
    123456

    123456 Road Train Member

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    Oct 22, 2010
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    Do a search on the internet,


    trucker taxes ............
     
    123456, Dec 3, 2010
    123456, Dec 3, 2010
    #6
  9. Dec 3, 2010 #7
    REDD

    REDD The Legend

    6,237
    4,291
    Jun 29, 2009
    Dueling Banjoville
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    And yet.... You signed the paperwork?
     
    REDD, Dec 3, 2010
    REDD, Dec 3, 2010
    #7
  10. Dec 3, 2010 #8
    Gears

    Gears Trucker Forum STAFF - Gone, But Not Forgotten.

    4,511
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    Aug 20, 2009
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    Just say "NO" to H&R Block and similar companies like that one that runs out of Walmart. I've been told many times by different CPA's and Tax Attorney's that they're a red flag for an audit.
    Get yourself on board with a CPA, one that has done tax work for people in your business situation. Talk to more than one and go with the firm you think is best. They will then tell you what you need regarding taxes and your business.
     
    Gears, Dec 3, 2010
    Gears, Dec 3, 2010
    #8
    scottied67, bbone and RBPC Thank this.
  11. Dec 3, 2010 #9
    Rerun8963

    Rerun8963 Road Train Member

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    Mar 30, 2006
    ova-hereee
    0
    OMG.......hadn't you learned (or read) things here on THIS website regarding lease/purchase plans...?? well it's a done deal for you now and I DO wish you all the best. maybe you ought to seek a REAL CPA familiar with the trucking industry, and i do believe you might want to have a lawyer as well. because you never know when you will need one....i would HIGHLY recommend you join the OOIDA. they have companies listed in thier monthly magazine such as trucker's lawyers, and accountants. plus i think you can get discounts on many things.

    well, it's all up to you now, for sure, i wish you all the best.
     
    Rerun8963, Dec 3, 2010
    Rerun8963, Dec 3, 2010
    #9
    rocknroll nik Thanks this.
  12. Dec 3, 2010 #10
    Mrfasttrack

    Mrfasttrack Light Load Member

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    Aug 12, 2010
    Georgia
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    Thought I read on here a week ago about someone using a cpa that specialized in what you are looking for
     
    Mrfasttrack, Dec 3, 2010
    Mrfasttrack, Dec 3, 2010
    #10
    scottied67 Thanks this.
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