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Gas receipts for tax purposes?

Discussion in 'Business Operations' started by johntx14, Mar 19, 2012.

  1. TLS

    TLS LawnSite Fanatic
    Messages: 7,943

    You can not cheat the IRS.

    As long as your 100% honest, and have supporting documentation you'll be fine.

    And yeah, the inconsistencies is what will get you an audit.

    Yardguy, don't know your story, how long you've been in business, but your last few lines in post #38 kind of scare me. You DO need to know these things. You do need to question your accountant. Just like all LCO's aren't created equal, accountants aren't either!
  2. yardguy28

    yardguy28 LawnSite Platinum Member
    Messages: 4,463

    how about you run your way and I'll run my business my way. ok?
  3. britsteroni

    britsteroni LawnSite Senior Member
    Messages: 334

    I was just trying to help you out. Best of luck in your future.
  4. TLS

    TLS LawnSite Fanatic
    Messages: 7,943

    Come run with me Britsteroni!
  5. yardguy28

    yardguy28 LawnSite Platinum Member
    Messages: 4,463

    and I appreciate it. but when you help someone out don't get all upset if they don't want or take the help.

    I've taken into consideration what has been said and choose to remain with what my accountant is doing. nothing personal.
  6. grandview (2006)

    grandview (2006) LawnSite Gold Member
    Messages: 3,465

    On the flip side is ,if your snowplowing ,in my case I might only put 30 miles on the truck during a full run but use a tank full. So I go with actual expenses. Miles would be less then 20 bucks but a tank full of gas is 140.00

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