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262. BBS: Structuring Your Business And Maximizing Your Tax Deduction with Tommy Thornborough

the bossbabe podcast

CHAPTER

What Should People Start Doing as They Think About Filing Their Taxes?

There is a 6,000 pound wait limit on cars that can be depreciated for business purposes. If your vehicle is under thatWait limit, you can still take the mileage deduction. Be aware of your type of entity and make sure you're structured number one. Number two, have a system to track your expenses,. The more that you can track those throughout the year, the easier it is.

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