Archive for the 'United States' Category

Can I deduct a new car purchase for my business?

Wednesday, November 19th, 2008
car
Kevin asked:


My wife and I purchased a new car in 2006. The car is used for both personal use, and for use in my business. Can I deduct anything on my taxes in regards to the purchase of this car? Would I be listing the car as a business asset?

Cars
Share and Enjoy:
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google Bookmarks
  • DotNetKicks
  • Fleck
  • LinkaGoGo
  • Wykop
  • Xerpi

Posted in United States | 1 Comment »

Can I deduct my lease car payments from my taxes if I use my car for work issues but don’t own the business?

Saturday, November 15th, 2008
car
verdadsanaa asked:


I work at an event marketing agency and have to travel to client meetings and do errands for the client in my car all the time. So because I’m using my car for work related purposes, can I deduct my lease car payment from my taxes?

Cars
Share and Enjoy:
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google Bookmarks
  • DotNetKicks
  • Fleck
  • LinkaGoGo
  • Wykop
  • Xerpi

Posted in United States | 5 Comments »