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03-10-2009, 02:17 PM
| | Truckingboards Sponsor | | Join Date: Jul 2008 Location: Virginia
Posts: 217
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Haven't had a single one come back that has been disallowed but you can do whatever you like. You odds of winning an audit are not 1 in 32 if you have receipts. You still have to purchase the food to warm up or cook in the microwave - up to $52 a day unless you go the receipt method then you just have to prove how much you paid for the food. You can't mix the two methods - which ever one you start with you have to continue to use. Frigs and Microwaves are actually on the list of deductible items listed on 1 of the 13 pages of deductions that the IRS considers legitimate from the the US Master Tax Guide.
This will be my last conversation with the Bookkeeper. If they wish to solicit your business fine. I just signed on to give free advice not try to solicit the members as my husband is a driver.
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03-10-2009, 04:21 PM
| | Lurker | | Join Date: Feb 2009 Location: Elba,Al.
Posts: 28
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Ok, I dont know what caused the soreness in you Linda,Ive never talked to you and sure didnt mean any disrespect. Refig. and Microwaves are NOT DEDUCTIBLE!! According to the IRS. My Tax Attorney just confirmed it and spoke to them on this issue. He talked to Mr. Thompson who handles these issues. Employee# 3505689 call 1 800 829 1040 option #1 schedule C reviews agent. And ask for him, I didnt talk to him but I fully trust my Attorney in this case. I didnt think it was, and now know for sure. And audits according to The Wall Street Journal avg. 1 out of 32 chances of walking in there and not paying one penny. The avg. Tax payer per audit avgs. 550.00 per taxpayer. The avg yrly intake from audits alone are over 17,000,000.00. Im just here to answer questions, and love to be proved wrong for I know all to well Im not perfect, but atleast I can accept it when I am. I make more to represent than to prepare Linda, but "What was I thinking!" right!
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03-10-2009, 05:45 PM
| | Lurker | | Join Date: Feb 2009 Location: Elba,Al.
Posts: 28
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Originally Posted by Bookkeeper1 Ok, I dont know what caused the soreness in you Linda,Ive never talked to you and sure didnt mean any disrespect. Refig. and Microwaves are NOT DEDUCTIBLE!! According to the IRS. My Tax Attorney just confirmed it and spoke to them on this issue. He talked to Mr. Thompson who handles these issues. Employee# 3505689 call 1 800 829 1040 option #1 schedule C reviews agent. And ask for him, I didnt talk to him but I fully trust my Attorney in this case. I didnt think it was, and now know for sure. And audits according to The Wall Street Journal avg. 1 out of 32 chances of walking in there and not paying one penny. The avg. Tax payer per audit avgs. 550.00 per taxpayer. The avg yrly intake from audits alone are over 17,000,000.00. Im just here to answer questions, and love to be proved wrong for I know all to well Im not perfect, but atleast I can accept it when I am. I make more to represent than to prepare Linda, but "What was I thinking!" right! | Sorry I was wrong...... Its 17,000,000,000.00 And it also says recent years...
Last edited by Bookkeeper1; 03-10-2009 at 05:47 PM.
Reason: I was wrong!!!
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03-10-2009, 08:45 PM
| | Truckingboards Sponsor | | Join Date: Jul 2008 Location: Virginia
Posts: 217
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I am using the information provided as research & backup from the software developer that creates the commercial software package that I use. In their 46 pages of deductions it lists "Refrigeration devices for vehicles covered under DOT rules & regulations". As much as I pay for that software they had better not be wrong. In over 10 years never had an audit on a single driver nor any of my clients.
When dealing with the IRS you can call 3 different times and get 3 different answers - I just don't debate issues unless there is a good reason too. No animosity here just tired.
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03-10-2009, 09:59 PM
| | Lurker | | Join Date: Feb 2009 Location: Elba,Al.
Posts: 28
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Originally Posted by rkms I am using the information provided as research & backup from the software developer that creates the commercial software package that I use. In their 46 pages of deductions it lists "Refrigeration devices for vehicles covered under DOT rules & regulations". As much as I pay for that software they had better not be wrong. In over 10 years never had an audit on a single driver nor any of my clients.
When dealing with the IRS you can call 3 different times and get 3 different answers - I just don't debate issues unless there is a good reason too. No animosity here just tired. | What if your softwares wrong. You down Turbo Tax all the time and I agree with almost all you say about it. But what if its wrong. I use software and know research doesnt end with software Linda. My money is on the Items not being a legal DOT, IRS part of any Standard or Itemized deduction on Meals. I see no argument in it being a ligitimate expence.
I guess in the end clients can do what ever they want its up to them, but it not easy telling someone you messed up and he did everything ok when your in front of the man. I have seen some real unhappy clients with their preparers come out of the IRS office though, I havent had that yet and pray I never have to, but its not something impossible and if it ever happens it will not be because of our discussions here throughout this thread. And debate, well when you get your first good audit they will not settle for that exuse either.. People play it out for what you think, research it, its not there. Then decide is it worth the risk. Yea half those folks are lost at the IRS, so make sure you try to narrow your search down to a specialized area of your tax question. And then document, even then it not really a guarantee that a man in Atlanta will see it the same as the local IRS man your in front of you in St. Louis. So with that I guess its Good Luck! On this issue, atleast everyone has something to think about anyway.
Last edited by Bookkeeper1; 03-10-2009 at 10:21 PM.
Reason: IRS decision!!
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04-15-2009, 11:35 AM
| | Lurker | | Join Date: Apr 2009
Posts: 3
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I am doing the taxes for my brother-in-law who just started truck driving in 2008. He purchased his truck/trailer in 2008 and started driving in 2008. He may take the full amount of $87,000 as a Sect 179 deduction from income this year but I am not sure this is the best way to go. Can anyone give me some advice here?
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