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Using a Car for Business? Deduct It!

Posted by expertbusiness under Finance
From http://www.expertbusinessadvice.com 4586 days ago

Whether you're self-employed or an employee, if you use a car for business, you get the benefit of tax deductions.

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Comments

Written by HeatherStone
4584 days ago

Yes, but doesn't a self-employed person run the risk of an audit by deducting their car, no matter how well they keep records of its use? A good friend that does taxes told me that this type of deduction can act as a trigger for an audit, especially if one hasn't been doing it since the beginning of owning the car. What do you think?

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