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I have a question about purchasing a truck for my business.
I have a question about purchasing a truck for my business … read more
Chad EA, CDFA®, CFP®
Chad EA, CDFA®, CFP®
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My husband may get new job where they are offering $800 CAD in a car allowance.Does this mean that we can both have our names on the car? We only need one car so we could sell our old one.If we are bo… read more
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The identity of my client (business) was stolen. The theft got a lease for a truck under the business name. The payments for this lease were coming from the business checking account ( I guess the the… read more
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Lev
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I leased trucks to my business. How do I report this income
I leased trucks to my business. How do I report this income in my personal tax return file?… read more
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I had questions about Section 179. We just opened up our
Hello! I had questions about Section 179. We just opened up our business in California about 4 months ago and have generated about $200,000 in profit. Is it safe for us to purchase a large company veh… read more
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Hi, I own a C corporation in Nevada. I am looking to buy
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I am looking to either lease or purchase a used car. How much
I am looking to either lease or purchase a used car. How much of my monthly payment can be written off? Also, can the down payment be written off as well? Is there a benefit to leasing versus purchasi… read more
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I am a doctor about to have my own S cop, I wanted to know about possible tax decdections
I am a doctor about to have my own S cop, I wanted to know about possible tax decdections for a leased or purchased vehicle. Below are the details. - I work full time on a W2 schedule is one week on o… read more
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I have an S corp, its a computer consulting /staffing business.
I have an S corp, its a computer consulting /staffing business. I am wondering if I can buy a comapny vehicle and write it off for 2012 tax year. I really do need a good vehicle to go and meet clients… read more
Phillip B, EA
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Question: Our CPA is now saying my husbands Blue Cross Health
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We are in a process of buying a a new car,and thinking about
We are in a process of buying a new car,and thinking about buying a car for a business used (my husband is a physician and has a private practice), so the questions are, what is best for us in term of… read more
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I work for a charter school as the facility manager. I have
I work for a charter school as the facility manager. I have three different campuses to work at. I own my truck which is used for work only and carry alot of tools. the school reimberses me for mileag… read more
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I pay a premium of 166.00 a month with a 3500.00 ...
I pay a premium of 166.00 a month with a 3500.00 deductable from Blue Cross as a single women. I also pay 100% for Doctor office visits, and 95% to 100% for my prescribtion medications. Can I deduct m… read more
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If you are s corp what is the best way to purchase a ...
If you are s corp what is the best way to purchase a company auto for the best tax break buy vs lease. buy the auto under the corp name or buy personal and let the company pay owner back for auto expe… read more
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