Well they do reimburse me for everything. Mileage to and from airport.... tolls while getting dropped off, etc.
Do they give you the full allowable Federal reimbursement rate for mileage? I can't remember what it is, but when I was an on-site IT support guy, my company didn't reimburse full mileage, so I was able to write off the difference.
You should track anything they don't reimburse you for as you can write it off.
On the sales tax you get a standard deduction of about $1100, most of the time it isn't worth it to keep all the receipts from what you buy, you'll be hard pressed to make the $1,100 mark. If you buy a car in a given year then you will reach it but if I remember right you can write off the tax paid on the car and the standard amount. All of this sales tax stuff could have changed, they are always monkeying with it.
Well they do reimburse me for everything. Mileage to and from airport.... tolls while getting dropped off, etc.
OK I'm looking into it. If I am going to itemize, it is true that I need to save every single receipt for everything I buy throughout the calender year? Sales tax can be written off on everything you buy, right?
BTW I already get reimbursed for all expenses by both companies I work for, do I steel need to track that for tax purposes so the government can reimburse me as well?
My brother is a CPA and my brother in law is an accountant, and I am going to have a conversation with both of them soon, but I don't necessarily want to invite them into my finances. So I am just beginning to do some research dfwmustangs style.
You should track anything they don't reimburse you for as you can write it off.
On the sales tax you get a standard deduction of about $1100, most of the time it isn't worth it to keep all the receipts from what you buy, you'll be hard pressed to make the $1,100 mark. If you buy a car in a given year then you will reach it but if I remember right you can write off the tax paid on the car and the standard amount. All of this sales tax stuff could have changed, they are always monkeying with it.
OK I'm looking into it. If I am going to itemize, it is true that I need to save every single receipt for everything I buy throughout the calender year? Sales tax can be written off on everything you buy, right?
BTW I already get reimbursed for all expenses by both companies I work for, do I steel need to track that for tax purposes so the government can reimburse me as well?
My brother is a CPA and my brother in law is an accountant, and I am going to have a conversation with both of them soon, but I don't necessarily want to invite them into my finances. So I am just beginning to do some research dfwmustangs style.
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