I am not a truck driver, but this is interesting!

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#21

06-28-2007, 04:58 PM

Cripplecreek

Member

Join Date: Oct 2005

Location: Clearwater, FL

Posts: 178

I don't claim to be an expert in tax issues, thats why I pay an accountant. I hand him recipts he does the math and walla, it's all good. I tried to do it myself one year and found out that I'm a dummy and providing the sandpaper while i grab my knees, not nemore. It was all professionally prepared,copies of every statement,and here's the real kicker, there were so many documents that i never even saw at the local post office, that were in my 06 taxes,i.e forms they don't put on the table for joeshmoe at the library or PO. I even read that if you taxes prepared by a former IRS agent you have about a 1-2% chance of getting audited, I'll take those odds anyday.

#22

06-30-2007, 01:24 PM

Phantom433a

Board Regular

Join Date: May 2007

Location: Chino Valley, Az

Posts: 497

I'm no math wizard....I leave that up to my wife, she gets us a nice chunk back every year and I'm a company driver......if it was me....a blank check and a white flag

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When a white army battles Indians and wins, itis called a great victory, but if they lose itis called a massacre.Chiksika, Shawnee

#23

06-30-2007, 03:43 PM

Aligator

Senior Board Member

Join Date: Sep 2004

Posts: 880

Quote:

Originally Posted by heavyhaulerss

Hey you all would be surprised how many drivers tell me I am making a mistake by not buying a high priced truck. i have been in the same truck for over 8 years. paid 15,000 cash & have been making great money year after year, with over a mil mi's & no major work done. I still get people saying yeah but your trucks not worth anything & you have nothing to write off. you need to buy a new one to have a write off ???? :roll: i tell them i have no debt no truck,trailer or house pymt & i should go into dept to have a write off ???

heh, heh...I heard a loudmouth in St Louis telling everyone on the CB that if your accountant didn't have you buying a new truck every 2 years then he "doen't know $hit", and that all the guys who are making it are driving new trucks, and on and on...

Paid for stuff is the ONLY way to go IMO.