How To Maximize Your Business Car Deductions And Protect Them From IRS Attack
While the new tax law increases business car deductions, you must have the records to back up your business use to qualify. Otherwise, you could find yourself facing steep taxes, interest and penalties from an audit. Here’s how to maximize your deductions while protecting them from IRS attack.
The new tax law accelerates depreciation deductions for business cars, providing faster tax savings. However...
Log in to view full articleBack
The McGill Advisory is designed to provide accurate and authoritative information with regard to the subject matter covered. It is sold with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional services. If legal or accounting advice or other expert assistance is required, the services of a competent professional should be sought.
Copyright © 2018 John K. McGill & Company, Inc. All Rights Reserved.