Originally posted by Eric is God
To my knowledge you cant do that with vehicles, not legally at least. Yes my dad runs his own computer consultant firm (just him working in it), but you cant claim automobiles that arnt used for the business. If you set it up that the vehicles are provided by the business for your personal use then i know for a fact that you will get screwed over tax wise. If you bought them yourself and claim they are used in the business you can get have your insurance voided after an accident if they find out you lied. Im quite sure you cant simply get a business package deal unless all the cars are used mostly for the business ..... my B- in third year taxation taught me a few useful things i remember. Yes there are many ways to lie and save money for insurance and taxation, but not without being royally screwed if they find out. They closed off all the business expense loopholes about 3-4 years ago and since my parents wont do anything they dont believe is 100% legal there is no way that would happen.
To my knowledge you cant do that with vehicles, not legally at least. Yes my dad runs his own computer consultant firm (just him working in it), but you cant claim automobiles that arnt used for the business. If you set it up that the vehicles are provided by the business for your personal use then i know for a fact that you will get screwed over tax wise. If you bought them yourself and claim they are used in the business you can get have your insurance voided after an accident if they find out you lied. Im quite sure you cant simply get a business package deal unless all the cars are used mostly for the business ..... my B- in third year taxation taught me a few useful things i remember. Yes there are many ways to lie and save money for insurance and taxation, but not without being royally screwed if they find out. They closed off all the business expense loopholes about 3-4 years ago and since my parents wont do anything they dont believe is 100% legal there is no way that would happen.
i dunno... i'm pretty sure it's okay.. atleast i thought i did... i'll try to find out more :\

I didnt bother saying much b4 because I didnt want to say anything that would cause ppl who dislike her to start with the attacks. For the record though, she was one of the most caring and devoted ppl i have ever met and she put up with way more crap in here than any1 should ever have to. Im glad she left and i hope she stays gone because as i told her many times, this game is not worth all the bs she had to deal with (deserved or not). So anyways if she does remain gone i hope most of you remember her fondly and if you dont its your loss.
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