I mean, I would assume that someone who doesn’t get a new enough car doesn’t have enough money to pay for commercial insurance. Also offering people rides on the street is a bad idea (because you can get robbed) and possibly illegal. This is just running an unlicensed taxi service. Gypsy cabs have been around for hundreds of years. It’s not a good idea.

That’s a terrible idea. His insurance won’t cover him in an accident. If a passenger is injured he may be on the hook for the medical care.

It’s the same as going to a bank and letting the teller look at your face. It’s to prevent someone from stealing your identity using a picture of your ID.

How can they verify the ID is real without physically seeing it? They look up the info but still need to verify that you are the person on the ID.

That doesn’t make sense because salaries are a current expense, not a capital expense to be amortized. And why 5 years? The work a software engineer does may be outdated in a year or two. Only certain legacy applications are around for 5 years.

The amortization time period is supposed to match the usefulness of the item purchased. Basically, software engineers are an ongoing expense, not R&D.