How to write off your car or vehicle in 2022. There are 11.5 ways the IRS will allow you to write off your car for small businesses. Including section 179 and bonus depreciation.
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Time Stamps:
Intro: 0:00
Who can write off their car: 0:54
Loophole to write off your car: 1:17
Cars you can write off: 1:42
Write Off #11: 2:37
Write Off #10: 4:21
Write Off #9: 4:58
Write Off #8: 5:13
Write Off #7: 5:28
Write Off #6: 6:07
Write Off #5: 6:30
Write Off #4: 6:43
Write Off #3: 7:00
Write Off #2: 7:16
Write Off #1: 7:28
Write Off #.5: 8:18
Standard Mileage vs Actual Expenses: 9:45
How to track miles and expenses: 10:31
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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).
