Archive for the ‘Car Tax Deductions’ Category
Deductible Car Sales Tax

Question: Can anyone help me come up with ideas for fundraising?
Here’s the scenario. Me and a group of about 14 other people are going to the Presidential Inauguration in January 2009. Each trip is $2,000, which means for all of us to go, we’d need $30,000. We are each paying for it, so basically whatever we fundraise, our trips will cost less. Anyways we have about $2500 saved up so far. We are going around to businesses asking for donations and we will also be selling candy at school starting next week.
So down to my question, anyone have any good ideas to help with raising money beside from the basics like garage sales and car washes? Anyone know any businesses willing to donate? Its tax deductible. Thanks for any information you have.
Answer: The good thing is that you still have some time before the dateline. But the amount is quite high, so I think the best way for you to go would be trying to find some ways to earn some advertising fees.
Try talking to the school counsil. Try asking if they can would allocate some spaces in the school book for your trip. That way, you could find some local businesses to help sponsor you, and you can place ads of them in the school book.
Haha how about designing a shirt with the names of those who sponsor your trip on the back. It might look very uncool, but it could help raise some money.
Or try having a special drama or play, or anytype of show that you think is appropriate. Many parents and townsfolk will attend. Tell them that the ticket price will go to help bringing the students to that event.
Hope this helps give you some ideas. Good luck!
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For 29 years, the Open Door Parent-Child Center, a non-profit agency serving Great Neck and its surrounding communities, has offered programs designed for the healthy development of very young children (infants, toddlers, 2-and-3-year-olds), who learn and play in a safe environment while their parents attend social worker-led support groups where they forge new friendships, gain confidence in …
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Sales Tax Deduction New Car 2009
Question: Tax benefits for buying a new car in 2009?
I’m in the process of buying a new Toyota Tundra pickup truck and was wondering what the benefits are if i complete this purchase before the end of the year vs. waiting until January to buy it… would i qualify for the tax deduction on the sales tax? is that for any new car? Thanks…
Answer: Yes, you can deduct part or all of the sales tax whether you itemize or not.
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Car Registration Deductible

Question: will i get in more trouble… license suspended?
so i got into a car accident in the middle of june, and the stupid lady that hit me did not end up having insurance. so i have to pay out of pocket (my deductible) to get the damages to my car fixed. im scheduled to go in tomorrow to get it appraised..
she told me to bring my registration and my license, but there is only one problem: i dont have a license right now. my license was suspended a couple weeks ago and i wont get it back until october. how can i get around this? should i just call my insurance and tell them ahead of time? because i still have my policy, and by law, they should still hvae to fix my damages i would think… ?
Answer: Your covered for the accident. Your insurance should pay the full amount for the repairs. It is the responsibility of the insurance company to collect from the party at fault. I have a couple of questions for you on this case: (1) was there a police report filed, charging this woman with the accident? (2) Was this person ticketed, or arrested for driving without insurance? (3) Was this person permitted to drive away after the accident without insurance? (4) Why does this person have to be present when you get appraisals?
If this person was charged with the accident, she is responsible for the damages. Without insurance, you may have to take her to Civil Court to receive remedy. Get a copy of the police report, follow up on it. Get the car damages appraised, but by right you can have your car fixed wherever you want. Drill the uninsured driver into the ground!
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Tax On New Car Deductible

Question: Can you deduct a new car on tax as expense for your business when you are on 1099?
This is the first time I’m going from w2 to 1099. My business place is 45 miles from the place where I live. If I buy a new car, can it be deductible from taxes as business expense?
Thanks in advanceAnswer: You can deduct business use. You can’t deduct your 45 mile commute.
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New Car Tax Deduction California
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Competing visions of America’s slow road back to prosperity predict that the country’s vast midsection or, alternatively, a melding of its coastal cities will dominate the economy in the decades to come.
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