In the us you can write of mileage or fuel receipts plus maintenance. It's .55 a mile. The depreciable truck cost won't add up to much. I wrote off 22000 miles and I would recommend a fuel log and receipts. I'm not sure if Canada has an irs, but they can ruin you in a hurry here in the us. Try not raise any red flags with a ton of write-offs. My tax rate after write offs is 48%. You might have to have a fleet, more than 2 cars to get maintenance written off. I'm not positive.
8% state
15% federal
25% self-employed
No free health care here.
Last edited by Hollow65; 10/23/2013 4:19 AM.
