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Personal Vehicle for Business Use

[vc_row][vc_column][vc_column_text]Lawmakers reinstated 100 percent bonus depreciation, and that creates an effective strategy that costs you nothing but can produce rewarding deductions.

Are you (or your spouse) driving a personal SUV, crossover vehicle, or pickup truck with a gross vehicle weight rating (GVWR) greater than 6,000 pounds? Would you like to increase your tax deductions for this year? If so, start using that personal vehicle as a business vehicle this year.[/vc_column_text][us_image image=”834″][/vc_column][/vc_row]