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View Poll Results: How did the 2018 Federal Tax Law affect you
No change 12 21.43%
I got it in the a$$ 20 35.71%
I actually received more of a refund 17 30.36%
I am a TCG 1%er and just joined Mar-A-Lago 7 12.50%
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Old 02-27-2019, 11:12 AM   #226
 
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My wife showed me a thread on FB about the same topic. Some people are claiming they are still doing mileage and have gotten their refunds already. They donít specify if they are 1099s but it has gotten me wondering if an accountant wonít do it but if you file yourself you can still commit tax fraud? Dunno. Need a real CPA in here to answer questions.
Not a CPA here but can answer your question. Yes, even if a CPA will not commit tax fraud for you, it does not stop you from committing tax fraud yourself and submitting your own returns. A good rule of thumb to live by....if you're accountant isn't willing to claim certain deductions on your taxes...you shouldn't be willing to claim them either.

And just an FYI..."getting your refunds already" does not mean you are in the clear of being caught for tax fraud or anywhere near it. You can bet your ass the IRS will be sampling a large amount of returns that claimed mileage deductions for audit.
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Old 02-27-2019, 11:14 AM   #227
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Old 02-27-2019, 12:02 PM   #228
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Not a CPA here but can answer your question. Yes, even if a CPA will not commit tax fraud for you, it does not stop you from committing tax fraud yourself and submitting your own returns. A good rule of thumb to live by....if you're accountant isn't willing to claim certain deductions on your taxes...you shouldn't be willing to claim them either.



And just an FYI..."getting your refunds already" does not mean you are in the clear of being caught for tax fraud or anywhere near it. You can bet your ass the IRS will be sampling a large amount of returns that claimed mileage deductions for audit.


My account told me not to do it so I didnít do it. Simple as that.
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Old 02-27-2019, 12:19 PM   #229
 
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That's why I like just doing the boring as hell, enter my W2's, enter my 1098, standard deductions, give me my little bit of a return, done....


H&R Block online already has all my information so it imports last years stuff as well, no new W2's to enter, nothing..... Done in 10 minutes online and they'll direct deposit my shit.


I think they would waste way too many man hours to ever even make looking at my measly ass worthwhile.
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Old 02-27-2019, 12:21 PM   #230
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All i know is that for an outside sales person not being able to write off miles is a huge fucking deal. Time to start an LLC for this year.
I don't know if you're ignoring my post a few pages ago, but when you say "outside salesperson" are you a contractor or a w2 employee?

Two types of outside salespeople:

1. Full time w2 gig with benefits, which basically always include a car/fuel allowance OR pay the IRS rate to the employee for personal vehicle use (usually it's the former rather than the latter). I can't imagine what kind of fly-by-night company would require you to use your own car and not reimburse you for it, nor could I imagine why someone would work for this type of company.
- These types of employees don't get to write off mileage anymore because they're reimbursed by the company. It's perfectly logical

2. Outside sales as a contractor/self employed person. This means you get a 1099 whether you have an LLC or not, and can still write off miles, meals, phone bills, and all kinds of other good stuff. I've been this kind of employee in the past, and my effective tax rate was rock bottom low. 1099's ftw

Anyone that falls in to category #1 but complains about the new tax law not allowing mileage writeoffs is literally an idiot. There's no other way to put it
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Old 02-27-2019, 12:34 PM   #231
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I don't know if you're ignoring my post a few pages ago, but when you say "outside salesperson" are you a contractor or a w2 employee?

Two types of outside salespeople:

1. Full time w2 gig with benefits, which basically always include a car/fuel allowance OR pay the IRS rate to the employee for personal vehicle use (usually it's the former rather than the latter). I can't imagine what kind of fly-by-night company would require you to use your own car and not reimburse you for it, nor could I imagine why someone would work for this type of company.
- These types of employees don't get to write off mileage anymore because they're reimbursed by the company. It's perfectly logical

2. Outside sales as a contractor/self employed person. This means you get a 1099 whether you have an LLC or not, and can still write off miles, meals, phone bills, and all kinds of other good stuff. I've been this kind of employee in the past, and my effective tax rate was rock bottom low. 1099's ftw

Anyone that falls in to category #1 but complains about the new tax law not allowing mileage writeoffs is literally an idiot. There's no other way to put it
My MIL was bitching that they will no longer be able to write off meals and food expenses from my FIL who is a truck driver. while he is getting paid a per diem for not at home days. she is afraid to file this year because she thinks they will owe because they can no longer write off as much as before. she used to work for h & r block decades ago, and i believe she knows NOTHING about doing taxes anymore. i want to tell her to cry me a river that they can no longer double dip. get money from the company to buy meals, then write it off on your taxes. GTFO.
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Old 02-27-2019, 12:55 PM   #232
 
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I don't know if you're ignoring my post a few pages ago, but when you say "outside salesperson" are you a contractor or a w2 employee?

Two types of outside salespeople:

1. Full time w2 gig with benefits, which basically always include a car/fuel allowance OR pay the IRS rate to the employee for personal vehicle use (usually it's the former rather than the latter). I can't imagine what kind of fly-by-night company would require you to use your own car and not reimburse you for it, nor could I imagine why someone would work for this type of company.
- These types of employees don't get to write off mileage anymore because they're reimbursed by the company. It's perfectly logical

2. Outside sales as a contractor/self employed person. This means you get a 1099 whether you have an LLC or not, and can still write off miles, meals, phone bills, and all kinds of other good stuff. I've been this kind of employee in the past, and my effective tax rate was rock bottom low. 1099's ftw

Anyone that falls in to category #1 but complains about the new tax law not allowing mileage writeoffs is literally an idiot. There's no other way to put it
I completely understand your statement. The joy of working for a family run business is not always a great thing. This applies when company is slow and and cutting cost but you are obligated to take hits where other employees may not have to. Not everyone falls into your 2 categories.
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Old 02-27-2019, 07:22 PM   #233
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After looking even closer at my final tax forms, besides not using my miles, an even bigger hit was not being able to use dependents as exemptions. We claimed 4 x $4k= $16k in the past that we couldnít write off this year. So FU... this tax plan really sucks.
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Old 02-27-2019, 07:30 PM   #234
 
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are your dependents older? they did away with the exemption but doubled the credit from 1000 to 2000 but i beleive they need to be under 18 for the credit the exemption was 19 though so not a big difference
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Old 02-27-2019, 08:43 PM   #235
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are your dependents older? they did away with the exemption but doubled the credit from 1000 to 2000 but i beleive they need to be under 18 for the credit the exemption was 19 though so not a big difference
And to get it, you need to make less than 440,000 married filing jointly
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Old 02-27-2019, 09:14 PM   #236
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Even with the old tax plan, not claiming your kids would have taken a hit. Soooooooooooo whats the problem?
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Old 02-27-2019, 09:45 PM   #237
 
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Yeah...I lost $24,000 in deductions from them getting rid of the personal exemption. But I more than covered that with the child exemption doubling. I gained $4k in credit from that.

Adults over 18 should be claiming themselves dependent anyways though so this shouldn't be a loss for too many folks. You weren't able to claim yourself dependent and your parents also claim you dependent...unless you were "rolling the dice" aka "committing tax fraud"
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Old 02-27-2019, 09:48 PM   #238
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Ive never claimed more than 0 on my W2.
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Old 02-27-2019, 09:58 PM   #239
 
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Ive never claimed more than 0 on my W2.
You would have been claiming a personal exemption though when you filed your taxes. Everyone at least claimed themselves as a dependent. This is more than offset though with the new standard deduction doubling, so most people still end up coming out ahead with the new law.
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Old 02-27-2019, 10:02 PM   #240
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I was finally able to read more of this thread, a couple of my thoughts:
- Gladiator was mad because he used to be able to write off mileage that he was also being compensated for? WTF? I don't get paid for mileage and I don't get to write it off, why are salesmen special? I also can't afford an accountant to find these special loop holes for me. This is the type of shit that democrats have wanted closed for years.

- I actually don't agree with the 10k SALT limit. As a conservative/libertarian, I believe the state has first dibs to tax money, followed by the federal government. State income taxes and property taxes should be deductible without a max.
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Old 02-27-2019, 10:28 PM   #241
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You would have been claiming a personal exemption though when you filed your taxes. Everyone at least claimed themselves as a dependent. This is more than offset though with the new standard deduction doubling, so most people still end up coming out ahead with the new law.
While this is true, I also never really wanted to claim myself just for the simple fact that Id rather get that check back at the end of the year VS owing and not putting enough in. It was just something I did when I started working and never really changed it.
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Old 02-28-2019, 08:23 AM   #242
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I was finally able to read more of this thread, a couple of my thoughts:

- Gladiator was mad because he used to be able to write off mileage that he was also being compensated for? WTF? I don't get paid for mileage and I don't get to write it off, why are salesmen special? I also can't afford an accountant to find these special loop holes for me. This is the type of shit that democrats have wanted closed for years.



- I actually don't agree with the 10k SALT limit. As a conservative/libertarian, I believe the state has first dibs to tax money, followed by the federal government. State income taxes and property taxes should be deductible without a max.


I am using my vehicle for business use all day long. I drive 100-200 miles per day. If you think what they give you is enough to cover cost you crazy. Plus I am left with a high mileage buggy that isnít worth shit. Fuck the slimy sales people right?
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Old 02-28-2019, 08:27 AM   #243
 
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I am using my vehicle for business use all day long. I drive 100-200 miles per day. If you think what they give you is enough to cover cost you crazy. Plus I am left with a high mileage buggy that isnít worth shit. Fuck the slimy sales people right?
That is an issue with your employer though, not the government. If your business is profiting off of your vehicle, why aren't they reimbursing you for that mileage?

When I used to have to drive to colleges to do interviews to hire fresh outs...I'd get ~50 cents a mile reimbursed from my employer.
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Old 02-28-2019, 08:36 AM   #244
 
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That is an issue with your employer though, not the government. If your business is profiting off of your vehicle, why aren't they reimbursing you for that mileage?

When I used to have to drive to colleges to do interviews to hire fresh outs...I'd get ~50 cents a mile reimbursed from my employer.

Also depends on what you're trying to use as a company vehicle...



My buddy who drives more miles than @GLADIATOR I'm betting is doing so in a Honda Civic Sedan because he did the math on what he gets per mile and wanted to be covered for everything....
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Old 02-28-2019, 09:10 AM   #245
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That is an issue with your employer though, not the government. If your business is profiting off of your vehicle, why aren't they reimbursing you for that mileage?



When I used to have to drive to colleges to do interviews to hire fresh outs...I'd get ~50 cents a mile reimbursed from my employer.

The government is the one taking money out of my paycheck...thatís why.

Every company is different. And if you havenít noticed the other evil entity fucking the worker is corporations...which is a whole nudder topic I donít even want to get into.
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Old 02-28-2019, 09:12 AM   #246
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I am using my vehicle for business use all day long. I drive 100-200 miles per day. If you think what they give you is enough to cover cost you crazy. Plus I am left with a high mileage buggy that isnít worth shit. Fuck the slimy sales people right?
What do you think I use to get to work, a horse and buggy? You aren't the only one around here using a car as transportation. I drive 65 miles a day, have been for 6+ years and haven't received a cent. Sounds like we are in similar boats, the difference is you used to get paid to drive, I never did.

Never said fuck the slimy sales people, but why do you think you're special?
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Old 02-28-2019, 09:12 AM   #247
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Also depends on what you're trying to use as a company vehicle...



My buddy who drives more miles than @GLADIATOR I'm betting is doing so in a Honda Civic Sedan because he did the math on what he gets per mile and wanted to be covered for everything....


What do you think I drive? I drive a hybrid vehicle. My GTR Hunter days are over.
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Old 02-28-2019, 09:28 AM   #248
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What do you think I use to get to work, a horse and buggy? You aren't the only one around here using a car as transportation. I drive 65 miles a day, have been for 6+ years and haven't received a cent. Sounds like we are in similar boats, the difference is you used to get paid to drive, I never did.



Never said fuck the slimy sales people, but why do you think you're special?


This isnít about me. If you drive to work and park your car you canít write off miles. If you use your personal vehicle for you job, the government has allowed you to write off the miles since I can remember. I didnít make this up. And itís not some loophole.

After really looking at my 2018 taxes, even if I was allowed to write off my miles I am still being taxed more. Thatís the real issue.
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Old 02-28-2019, 09:37 AM   #249
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so seriously... we're still here...

you were writing off mileage AND getting compensated for it? and now you're upset that you aren't doing that anymore?

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Old 02-28-2019, 09:38 AM   #250
 
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The government is the one taking money out of my paycheck...thatís why.

Every company is different. And if you havenít noticed the other evil entity fucking the worker is corporations...which is a whole nudder topic I donít even want to get into.
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This isnít about me. If you drive to work and park your car you canít write off miles. If you use your personal vehicle for you job, the government has allowed you to write off the miles since I can remember. I didnít make this up. And itís not some loophole.

After really looking at my 2018 taxes, even if I was allowed to write off my miles I am still being taxed more. Thatís the real issue.
Your workplace is the one screwing you man. They should be reimbursing you for any business use of your vehicle.
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