Archive for the ‘United States’ Category

How do you calculate the sales tax deduction on leased vehicles?

Thursday, May 13th, 2010

aviators99 asked: The IRS publications just say you can deduct "sales tax paid on leased vehicles," but doesn't say how to calculate that. Does that mean to take the sum of the sales tax on all of the payments for the tax year, or figure out the sales tax ...

Can truck drivers get a deduction on there taxes for there cell phones?

Sunday, April 5th, 2009

Kitty L asked: My husband is a truck driver and have a cell to make contact with the shippers and recivers for veriouse reasons (meaning, for example, will be late, Bláa Bláa that you get the idea) We have a program t-mobile so is 99 a month. My ...

Can a truck purchased for management of my investment property be considered tax deductible?

Sunday, March 8th, 2009

Vic Ric asked: I'm buying my first property of Invesment and I need a truck for better provision for the maintenance of my property and future property. Can any of the money used to buy the truck, as well as gas, mileage, or similar expenses of the truck to be ...