I cant use code 179 because the car is under 6,000lbs. What can I do then? I'm trying to lease.
@christominded4726 Жыл бұрын
Red flag, don’t play with the IRS, speak to an accountant first
@blackhole1746 Жыл бұрын
Relax it’s facts How is it a red flag?
@mtigress4589 Жыл бұрын
Because there's a blanket tax code that says business expenses must be ordinary and necessary. People that buy luxury cars that dont really fit the business stand out as someone trying to write off their personal use vehicle.
@squidies Жыл бұрын
@@mtigress4589 yeah, you'll get audited pretty quick lol you might be able to do 50% but no one is buying a range rover solely for business lol. so many people gonna be thinking "nah it wont be me though"