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What vehicle expenses are tax deductible? | Incite Tax
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Are you ready for some laughs? Let's talk about car deductions on your taxes!
We all know that owning a car can be expensive, but did you know that you can actually deduct some of those expenses on your tax return?
That's right, the IRS is willing to cut you a break if you use your car for business purposes.
And if you're like most people, you probably use your car for everything from commuting to work to picking up groceries to taking your pet to the vet.
So, why not take advantage of those miles and claim a deduction on your taxes?
But, let's be real here, claiming car deductions can get a little confusing.
You have to keep track of your mileage, gas receipts, and maintenance costs. And don't even get me started on depreciation! It's enough to make your head spin.
So, how do you navigate this confusing world of car deductions? Here are some tips to help you out.
Remember, profit is a choice. Have the courage and wisdom to choose it.
John Briggs | Tax Genius
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