09-05-2003, 01:20 AM
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 Re: Parking ticket Gene E. Utterback, EA wrote: - quote - > "Charles" <NoSpam[at]earthlink.net> wrote:
Another reason to visit MD.> > I got a parking ticket for an expired meter while on a > > business errand. (I had put money in but came back just > > after the ticket had been issued.) I have a C corp, own my > > car and am reimbursed for the percentage of operating > > expenses incurred for business use of the car. > > > Should the company pay my parking ticket? I understand that > > the amount is trivial ($30) but is this type of thing a tax > > advantage? > It doesn't matter who pays the ticket, it is NOT deductible > for taxes. > FYI - in many jurisdictions (for sure here in MD) you are > only allowed to use a meter for the full initial term of the > meter, you are not allowed (legally) to refill the meter to > gain extra time. Once your time has run out you are > supposed to move your car to another meter. > This is done in MD to promote customer traffice in business > areas. MD Meter Maids (can I still call them that?) in > Annapolis and Ocean City will "chalk" your tires and note > the time, they then (are supposed to) return later and > compare the chalk marks. If you car has not moved but has > been parked longer than the time limit of the meter you can > be ticketed. If the parking ticket is not legal, the law is flawed or the way in which it is enforced is a violation of law, and is paid as business expedient can it be deducted? -- Frederick E. Jorden http://Tax-Accounting-Payroll.com 7825 Midlothian Tpk - 207 Richmond, VA 23235-5247 EMAIL knowtax[at]bigfoot.com (804) 320-6210 FAX (804) 320-6211 << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#-1
09-04-2003, 08:16 AM
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| Re: Parking ticket "Charles" <NoSpam[at]earthlink.net> wrote: - quote - > I got a parking ticket for an expired meter while on a
It doesn't matter who pays the ticket, it is NOT deductible> business errand. (I had put money in but came back just > after the ticket had been issued.) I have a C corp, own my > car and am reimbursed for the percentage of operating > expenses incurred for business use of the car. > Should the company pay my parking ticket? I understand that > the amount is trivial ($30) but is this type of thing a tax > advantage? for taxes. FYI - in many jurisdictions (for sure here in MD) you are only allowed to use a meter for the full initial term of the meter, you are not allowed (legally) to refill the meter to gain extra time. Once your time has run out you are supposed to move your car to another meter. This is done in MD to promote customer traffice in business areas. MD Meter Maids (can I still call them that?) in Annapolis and Ocean City will "chalk" your tires and note the time, they then (are supposed to) return later and compare the chalk marks. If you car has not moved but has been parked longer than the time limit of the meter you can be ticketed. Gene E. Utterback, EA << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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