It’s not unusual for small business owners to use their personal vehicle for company errands and meetings. If you can afford it, buying a separate car for business use often entitles you to more tax benefits. There are a variety of tax laws that pertain to the use of your car for small business purposes you need to be aware of. If you don’t want Uncle Sam breathing down your neck, here are five correct ways to write-off your vehicle...





Comments


Written by tiroberts
3625 days ago

Wow Ashley,

This is a very informative post. You covered several vehicle deductions I had no clue about. I'm not currently using a car for business purposes. However, if I do ever start, this post will definitely be a great resource when income tax season rolls around. :)

Thanks for sharing this on BizSugar; I appreciate it!

Ti



Written by SmallBizDiamonds
3625 days ago

Thanks for reading Ti! I learned a lot from this post as well :-)



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Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!