Using a Vehicle for Business: Q&A

Using a Vehicle for Business: AIRS rules and exceptions abound, but there are some questions we can answer simply.Next to your home, your car is probably the most expensive investment you make. And the costs of paying for and maintaining it can be considerable. Can you recoup some of your investment by claiming vehicle expenses on your tax return?Sometimes. The IRS has many restrictions on the business use of a vehicle, and those restrictions have many exceptions. Better to know these upfront than to have to correct a tax return…

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