Learn the steps to writingoff your car, allowing you to pay less taxes and put more money back in your pockets.

WATCH NEXT (2023 UPDATE):    • How To Write Off Your Car Under Your ...  

As licensed CPAs who study the tax law, and business owners who use this exact tax strategy, we want to give you the best information on how to writeoff your car.

Specifically, you are going to learn:

Cars We Writeoff: (0:00)
Rule #1 Business Purpose: (1:40)
Rule #2 Business Travel: (2:25)
Step 1) Business Use %: (4:30)
Step 2) Choose Vehicle Tax Deduction Method: (5:00)
Standard Mileage Method: (5:14)
Actual Expense Method: (5:44)
Eligible Vehicle Expenses: (6:22)
Types of Vehicle Depreciation: (7:19)
IRS Depreciation Limits: (8:20)
Sec. 179 Loophole to Deduct 100%: (8:48)

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Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).