Employee vehicle Cancel The title field is required!

1. Jason Adams

   

   0 posts
   
   10/20/2011 6:10 AM

   I have been a superintendent for 12 years now between two different clubs. For 12 years I have not had to claim my employee vehicle as income. The new treasure at my current club says I have to claim my commuting mileage. Is there a way around this and how bad is this going to hit my on my taxes if I have to follow through with this?
   
   Thanks

   
   
   
   
2. Andy Jorgensen

   

   1 posts
   
   10/20/2011 7:10 AM

   Instead of worrying about mileage, do a lease agreement with the club for an amount each month. My old club charged our building maintenance guy something like $18/month for the personal use of the company truck. They didn't track mileage.

   
   
   
   
3. Douglas Eggert

   

   1 posts
   
   10/20/2011 9:10 AM

   I see the IRS is finally catching up to other Supers.....Our Park District was government audited 4 seasons ago and I was informed I would have to pay a portion of the lease value of the vehicle plus fuel for mileage. The IRS rules are very matter of fact, we tried circumventing them, but to no avail. So I drive my personal vehicle to work, don't stop for work purposes on the way home like I used to. Tried like heck to get the $3 a day commuter mileage worked out, couldn't do it. And the kicker was the truck was gone, and no attempt to increase my salary for a lost working condition benefit. 3 other Dept heads lost their vehicles too.
   
   The other part of the issue was I worked 6-7 days a week, and the mileage on those weekend was counted differently and at a higher rates.
   
   FYI...my portion of the lease value was placed at $3800 with the mileage. This was to be reported on my W-2.

   
   
   
   
4. Ashton Alan W

   
   10/20/2011 10:10 AM

   Here's a link that will explain it in detail: http://www.payroll-taxes.com/articles/177-taxing-and-reporting-personal-use-of-employerr-provided-vehicles.htm
   
   The biggest factors are: what is your personal use percentage of the total miles driven (most of mine are for my commute) and what is the value of the vehicle. My shop truck is a 10 year old GMC Sanoma that was recovered after being stolen... At my club, we're using the lease value method and I pay the tax on that... I don't keep track of mileage, as the difference it would make is minimal... With a newer vehicle, it will probably pencil out differently...

   
   
   
   
5. Robert Crockett

   

   4 posts
   
   10/24/2011 1:10 PM

   douge said: I see the IRS is finally catching up to other Supers.....Our Park District was government audited 4 seasons ago and I was informed I would have to pay a portion of the lease value of the vehicle plus fuel for mileage. The IRS rules are very matter of fact, we tried circumventing them, but to no avail. So I drive my personal vehicle to work, don't stop for work purposes on the way home like I used to. Tried like heck to get the $3 a day commuter mileage worked out, couldn't do it. And the kicker was the truck was gone, and no attempt to increase my salary for a lost working condition benefit. 3 other Dept heads lost their vehicles too.
   
   The other part of the issue was I worked 6-7 days a week, and the mileage on those weekend was counted differently and at a higher rates.
   
   FYI...my portion of the lease value was placed at $3800 with the mileage. This was to be reported on my W-2.

   
   Yea ... I'll bet our President doesn't have tooooo:)

   
   
   
   
6. Keith Pegg

   

   0 posts
   
   10/24/2011 4:10 PM

   It has been 20 years ago but my club in Wa. Started charging me miles from home to work, I was not ever allowed personal use of the truck except for to and from home and working hours use of course. So that was like 6 miles a day. It worked out to something like $1 a day or $25 a month so I charged the club, storage of the truck for about the same amount. Made the book keeper happy and the club had better parking at night because the shops at the course had no room for inside parking of the truck, worked out for all. These days I use my own car to and from work. At work I use a golf car and town runs are made by my employees. I almost never leave the club in the working part of the day.
   
   Keith Pegg