03-20-2007, 03:18 PM
|
 |
Beam Me Up Scottie
|
|
|
Join Date: Aug 2004
Location: Squantum (part of Quincy),
MA
Cobra Make, Engine: SPF1049 Titanium w/black stripes, 351W with Trick Flow Heads, Tremec 3550
Posts: 7,592
|
|
Not Ranked
Kevin
Great advice! In my post on page 1 and your post ... we both mentioned a CPA. Taking deductions for a "street" car can be a lot different than a race car. But with a CPA doing a tax return, it reduces the chance of an audit.
Also, like my CPA told me, if I am ever audited, she would be the only one to meet with the IRS. She joked that I would be at least 1000 miles away during an audit. She said if I was there I'd probably say something stupid 
__________________
Warren
'Liberals are maggots upon the life of this planet and need to get off at the next rotation.' (Jamo 2008)
|
Threaded Mode
