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• 1. L

     Truck depreciation

     What is the name of your state? NC I have been told a company can Purchase a work truck, (fill it with tools etc.) and deduct the cost, then depreciate some of the truck value over a period of time. These trucks are used “on call all day” and have in the past been taken home as “On Call”...

     • LSCAP
     • Thread
     • Oct 11, 2006
     • Replies: 8
     • Forum: Tax Law
  2. L

     Death and debt in NC?

     What is the name of your state? NC My friend’s father died a few years ago. His mother died last week. He just found out he, and a sister are named as executors of the estate. Her debts were a couple of store credit cards. It amounted to only a few hundred, $160 in one and about $300 plus in a...

     • LSCAP
     • Thread
     • Oct 4, 2006
     • Replies: 3
     • Forum: Debt Collections