Questions tagged [vehicle]
6 questions
8
votes
4 answers
Are miles driven for business deductible expenses if the travel expenses are reimbursed?
I completed some work for an organization. I was paid as an independent contractor and expect to be issued a 1099. For one part of the work, I was required to travel a significant distance (by car). For this expense they offered to reimburse me,…
nuggethead
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4
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1 answer
Capital gains when selling my boat and HST in Ontario Canada
Someone gifted me a boat and provided me with the original receipt that shows what they paid for it. I can see they paid $47000 + HST (=$53110).
If I sold the boat to a friend for $50000, do I need to charge my friend an additional 13% HST? …
learningtech
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Dismissed Tickets Showing on LexisNexis Report – Need Advice
I recently checked my LexisNexis CLUE report and noticed that my two dismissed tickets are listed in the report. I’m confused because I’m not sure if the status codes on the report indicate that the tickets were dismissed or not, and I can’t tell if…
PuppyHeadedNinja
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1 answer
How to remove spouse from our OR car title in Arkansas
Is it possible to sign a truck title that has mine and my spouse's name on it? The title states him OR me. I'm in Arkansas.
Johnziah Youngblood
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votes
2 answers
How to account for depreciation and inflation adjustment on GnuCash?
I've been using GnuCash to track only my money and securities. Now, I wanna use it to track also my fixed assets so that I have a more accurate estimation of my net worth.
One fixed asset I have is a motorcycle, a Honda CG 150 Titan. It was bought…
Giovanni L
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Can I sell my business car to myself (personal)?
I am seeking to change the ownership of my vehicle from my business to myself? In other words, the vehicle will no longer be used for business purposes - just for personal.
Now, my accountant mentioned that I will need to go to my local licensing…
rs79
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