As an employee there are quite a few business expenses that you can deduct. You can deduct any unreimbursed expenses or the difference between your actual expenses and any amounts that you have been reimbursed for. Check the list below for possible deductions, make sure
In a Private Letter Ruling the IRS ruled that passenger cars and sport utility vehicles (SUVs) are like-kind property. The two vehicles are merely different in grade or quality. They are not different in character or nature, the two concepts that would prohibit their like-kind
We have put together a list of helpful items to consider when your are considering purchasing or leasing a business use vehicle. This list works hand in hand with the 10 Questions to Ask Yourself Prior to Acquiring Business Use Vehicles. Car depreciation is limited by
If you ask yourself the 10 questions below, you will have a good feel on whether you should lease or purchase your next business use vehicle. You will also have a good idea on the best way to maximize the business write off of the