884: Friday Q&A: Deductible Car Expenses, Vacation Homes, Cash on Hand, Gold Coins Fraud, Etc.
Radical Personal Finance
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Why You Should Purchase Vehicles Under a Business Name
You can claim the expenses for a vehicle regardless of how the vehicle is titled. The reasons to purchase a b vehicle in a business name have less to do with tax deductions and more to do with personal privacy. It may also be part of your acit protection plan to purchase a vehicle in abusiness name.
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