Uodate on my RHO Delivery

I’m no tax expert either but if my company writes me a check on December 31 2024 and I don’t cash it till January 31 2025 it’s still applies to 2024 expense for my company. So if your company buys a cashiers check dated December and uses it to buy the truck when it arrives I wonder if that would work.
Yes I’m well aware that it’s not 2025 and my response is late but hypothetically would this work? Any tax people out there.
I am not an accountant but have been doing my own taxes for my business for years. I believe the answer would be how you selected your accounting method either cash or accrual. Once you select a method of accounting you really can’t switch back and forth to suit individual needs. You need to be consistent.
 
I am not an accountant but have been doing my own taxes for my business for years. I believe the answer would be how you selected your accounting method either cash or accrual. Once you select a method of accounting you really can’t switch back and forth to suit individual needs. You need to be consistent.
I’ve always ran mine cash, but when you read the “reader’s digest” short explanation they are both a little veg when it comes to expenses. While cash is definitely less veg. The accrual method says en expense is recorded when it’s incurred. To me that says the expense of a new truck is incurred when it is no longer able to do the job. You have to replace it but the order hasn’t been fulfilled yet, but the expense has incurred. Yes I know that’s not how it works but that’s how it reads.
 
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I’m no tax expert either but if my company writes me a check on December 31 2024 and I don’t cash it till January 31 2025 it’s still applies to 2024 expense for my company. So if your company buys a cashiers check dated December and uses it to buy the truck when it arrives I wonder if that would work.
Yes I’m well aware that it’s not 2025 and my response is late but hypothetically would this work? Any tax people out there.
This is how my company works, I didn't need the expense in '24 so I didn't push for it, looking forward to '25 tax problem's! I've always been told "if you have to pay taxes it's because you made money", so bring it on '25!
 
I’ve always ran mine cash, but when you read the “reader’s digest” short explanation they are both a little veg when it comes to expenses. While cash is definitely less veg. The accrual method says en expense is recorded when it’s incurred. To me that says the expense of a new truck is incurred when it is no longer able to do the job. You have to replace it but the order hasn’t been fulfilled yet, but the expense has incurred. Yes I know that’s not how it works but that’s how it reads.
Same. Cash is the easiest method. Less paperwork and tracking imo.
 
So I wish I could say my truck arrived flawless but as you can see it didn't. The dealership is going to take care of it but damn. I can't tell if it's the hood or the side panel mis-aligned. Inspect your Truck when you get it.
 

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So I wish I could say my truck arrived flawless but as you can see it didn't. The dealership is going to take care of it but damn. I can't tell if it's the hood or the side panel mis-aligned. Inspect your Truck when you get it.
Looks like both. The hood definitely too far back clipping the fender. Look at the gape fender to door vs door to A pillar. I know we are at an angle but it looks tight from this angle.
 
Looks like both. The hood definitely too far back clipping the fender. Look at the gape fender to door vs door to A pillar. I know we are at an angle but it looks tight from this angle.
It's going to the body shop tomorrow. Aside from that issue it's a super nice truck.
 
Sorry to hear this. :(. The body shop will get it straightened out. Never should have happened though.

Chris
 
So I wish I could say my truck arrived flawless but as you can see it didn't. The dealership is going to take care of it but damn. I can't tell if it's the hood or the side panel mis-aligned. Inspect your Truck when you get it.
What dealer?
 
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So I wish I could say my truck arrived flawless but as you can see it didn't. The dealership is going to take care of it but damn. I can't tell if it's the hood or the side panel mis-aligned. Inspect your Truck when you get it.
Did the dealership not notice this during PDI?
 
Sorry to hear this. :(. The body shop will get it straightened out. Never should have happened though.

Chris
I appreciate that Chris. Almost the perfect delivery. I'll post before and after pics.
Tom
 
So I wish I could say my truck arrived flawless but as you can see it didn't. The dealership is going to take care of it but damn. I can't tell if it's the hood or the side panel mis-aligned. Inspect your Truck when you get it.
That’s just embarrassing, do better RAM
 
So I wish I could say my truck arrived flawless but as you can see it didn't. The dealership is going to take care of it but damn. I can't tell if it's the hood or the side panel mis-aligned. Inspect your Truck when you get it.
That’s crazy. Looks like someone drove without the hood latched and it flew up and bent &hit up?! SMH
 
Looks like Granger in Iowa
 
Would anyone know who many vehicles where ordered from when they started taking orders through the end of May and How many out of those are still left to be built that where order through Mark Dodge it does hurt to see trucks ordered after yours already built, and on the road haven’t heard why that happened and it’s still happening nothing against the people behind them just to people selling them and building them
 

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