How to Deduct Rental Car Costs From Your Income Tax

Car and truck renters today are frequently asking themselves the question "Can I deduct rental car costs on my income tax?" The reason for this is that legislation is going crazy in the implementation of taxes on car & truck rentals. This has made the car rental companies most unhappy to say the least.

There is a group that has been formed, it is called the Coalition against Discriminatory Car Rental Excise Taxes. In over 80% of the states in the USA there are more than one hundred different types of taxes relating to car and truck rental. Way back in the 1990's there was a only a tenth of such taxes.

In Maine, the inhabitants there were able to for a while prevent an increase of 10-12.5 % increase in the taxes when renting a car or truck. This suited all parties associated with car rental, obviously not the law makers as they did not receive their taxes.

Taxes can be as high as twenty percent imposed on rentals. Large corporations are paying amounts close to $5 million annually in car rental taxes.

These car rental taxes are legislated so that cities can meet their budgets. There is widening hole in the budget and deficit forces theses taxes to be imposed. Whilst this is understandable it does not make sales for car rental companies any easier. They do not want to perceived as in the tax collection business and the increased prices due to the tax has reduced sales. The Coalition against Discriminatory Car Rental Excise Taxes was formed three years ago and consists of eight car rental groups and the National Business Travel Association. Apart from fighting against legislation on taxes they also educate consumers on the taxes.

5% tax is what you will pay when you hire a car in New Jersey. This very tough as they are already paying five dollars daily in various types of taxes.

Wisconsin charge more than three times their New Jersey counterparts. They have a mass transit project that needs funding and this is the reason for the exorbitant taxes.

It is reported by the coalition that the they want to increase tax by two and a half dollars in Michigan. The taxing just seems to go on and on.

Rail projects need funding in the state of Florida. They are trying to increase taxes there by two dollars and this would increase the current tax levied by a whopping fifty percent!

It is generally accepted by people outside of the coalition and consumers that the taxes are needed for all the various projects. The coalition fiercely fights against the taxes.

Like the rest of the world the USA has been devastated by the world recession. The state of the economy in the USA is in tatters and this is the main reason for all these taxes.

Sometimes money is allocated to a certain project and when the project is completed that money is no longer available for the project. It all of a sudden gets allocated elsewhere. No wonder consumers ask " can I deduct car rental costs on my income tax?

A wide selection of reliable auto vehicles is provided to satisfy your needs for a rental car. Choose from economy, standard and intermediate sizes, including pickup trucks, for your next car rental Toronto.

Posted under Cars

This post was written by Adriana Noton on April 17, 2010

Tags: , , , , , , , , , , , , ,

Towing Services Are Economical And Essential

Everyone has witnessed the aftermath of accidents when the battered cars are towed away by tow trucks. The benefits of these towing services are many.

The crime rate is growing rapidly and the prospect of being alone in the evening walking through a dark stretch of highway is frightening. Women especially are vulnerable when they are driving alone or with children through an isolated area. We would love to all be constantly protected from both hidden and obvious dangers at all times but, the reality is, we are not.

A number of situations arise in ones lifetime where you may need the services of a towing company. If you are in an accident and the car is damaged extensively then you will need to find the nearest towing company which can be a hassle. The company may be expensive and you may not be carrying enough to cover the costs. Getting your car to the garage and getting it fixed may cost you the same as getting it towed to the mechanic in the first place.

If your car breaks down suddenly then you may also need to contact towing services. Cars are vulnerable to time and parts erode over the years. Your car may break down at anytime for numerous reasons and most of the time it happens when you least expect it. Finding a mechanic close by may not be an option.

A mechanic's shop may be too far out and you will need to find some emergency road services to help transport your car, which is an added cost to getting your car fixed and up and running again. You can avoid this hassle if you have a plan in advance where you get roadside assistance and it includes the price of towing at a reasonable rate.

Roadside assistance plans offer a number of services that are included in the monthly fee. The fee is reasonable and it prevents you from having to pay a hefty sum all at once in case of an emergency. The fee includes a variety of services besides towing such as offering to come and fix your flat tire anywhere you may be. It also includes various other benefits like bringing you a battery in case of a failure.

The roadside plan helps you out of most auto related issues. They will help you if you run out of gas suddenly or get locked out of your car. Every time such incidences happen you would have had to pay a huge amount for towing services and finding a lock smith at odd hours. Having a road side plan will take into consideration all situations where you may be helpless and stuck with your car. They will help you in every emergency situation moving your car safely and securely.

Keep in mind the numerous emergency situations you may find yourself in and realize that anyone may need towing services at any point in time. Having a decent roadside assistance plan will ensure that you get help swiftly and economically.

There comes a time when you need roadside assistance during an automotive crisis. Consult with the Abrams Towing in Mississauga for more information on responsive, resourceful, and reliable emergency road service.

Posted under Cars

This post was written by Adriana Noton on February 25, 2010

Tags: , , , , , , , , , , , , , ,

Experience The Family Oriented 2008 Honda Odyssey

by Andy Zain

Many people are looking for larger family cars or multi-purpose vehicles and the 2008 Honda Odyssey is an ideal choice for moving people, pets, tools or shopping. It is a safe and well-appointed family car.

The Odyssey features a 3. 5L, V6 engine to produce 244 hp; all the power you need from this type of vehicle. In some models, the EX-L and Tourer, a cylinder deactivation device which shuts down cylinders when the vehicle is cruising, to improve fuel economy. This is hardly noticeable as you are driving however, and no obvious loss of power is felt.

Compared to other minivans, the Honda Odyssey the best fuel economy with an EPA rating of 17 mpg in the city and 25 mpg on the open road. The Odyssey handles beautifully, whether it is around town or out on the highway. It features responsive steering with a tight turning circle, and agile and smooth handling, making it one minivan that is a pleasure to drive.

As well as superior handling and fuel economy, the 2008 Odyssey looks really good on the road. A few exterior changes were made to the 2008 model, including a redesign of the front end. The side mirrors have the convenience of memory, so bumping them out of place isn't a problem.

The new features continue on the inside, to add to the unique driving experience. The rear view mirror has a reversing camera for easy reverse parking; the front and middle doors are power assisted, even in the base model, and all Odysseys come with MP3 and CD player, airconditioning, cruise control and an adjustable steering wheel.

The middle of the range EX has more features added: alloy wheels, zoned climate control for comfort of all passengers and the driver, powered drivers seat for easy adjustment and powered sliding doors. The EX-L range includes all this and more; heated front seats, rear DVD player, leather trim, sunroof and satellite radio. Then there is the top model, the Touring, which has the added luxury of an upgraded audio system, adjustable pedals and Bluetooth.

Safety is another highlight of the Odyssey with an antilock braking system, brake assist, traction control, front and side airbags. The NHTSA has given the Odyssey the top 5 star rating for front and side crash tests. The IIHS rated the Odyssey with their highest score as well. You can drive your family around knowing you are in one of the safest vehicles on the road.

There is a greater choice than ever for family vehicles but the 2008 Honda Odyssey comes out on top of the minivans and crossover models. The Odyssey combines the best of the minivan with an upmarket look and features to create a unique driving experience.

About the Author:

Posted under Cars

This post was written by Andy Zain on October 8, 2009

Tags: , , , , , ,