Driver's Seat: Jay Soled, a professor of accounting and information systems at Rutgers University, offers tips on claiming vehicle usage as a business expense. A: The IRS code governing vehicle use ...
Below is our annual guide to Tax Code Section 179 for self-employed and business owners who buy a vehicle. This guide encompasses qualifying vehicles purchased in the 2025 calendar year for the ...
Taxpayers who buy a new car assembled in U.S. may be able to deduct up to $10,000 beginning in 2025. To help sort out the ...
Political donations from an LLC to candidates, PACs, or campaigns are not deductible. Charitable contributions by an LLC are ...
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Should you buy an insurance write off?
What is an insurance write off? Is it safe to buy a written off car? Write off categories explained It’s one of the first things you check when buying a car – does it have any history of accident ...
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