1. Welcome to PlowSite. Notice a fresh look and new features? It’s now easier to share photos and videos, find popular topics fast, and enjoy expanded user profiles. If you have any questions, click HELP at the top or bottom of any page, or send an email to help@plowsite.com. We welcome your feedback.

    Dismiss Notice

tax law

Discussion in 'Business Fundamentals' started by Precision Lawn, Feb 10, 2004.

  1. Precision Lawn

    Precision Lawn Senior Member
    Messages: 334

    Has anyone heard of a law that you can deducte on a vechile at tax time
  2. DJL

    DJL Senior Member
    Messages: 343

    Yes I have.:waving:
  3. Mick

    Mick PlowSite.com Veteran
    from Maine
    Messages: 5,546

    1. Through depreciation or
    2.section 179 allows one time deduction of value to amount of business profit
  4. SteveVB

    SteveVB Member
    Messages: 66

    You need to talk to a tax advisor. One of your first calls for a business is to an accountant or tax pro.

    to add to micks- 3) both 179 and depreciate

    You can also "write off " your gas and repairs.

    Business expenses schedule C