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I'm looking at getting a new car. I own an LLC. Sole owner.
HelloI'm looking at getting a new car.I own an LLC. Sole owner.Am I better to lease. Buy outright (I have the cash) or get a loan?Car around $47,000Looking for best situation for taxation purposes.Tha… read more
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I own a retail business in NC that is established as an
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LevYou answered questions for me regarding section 179 for S corp and business vehicle. Around December 2015. You may remember.I know the section 179 limits for business vehicle have not been released… read more
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Hello! I had questions about Section 179. We just opened up our business in California about 4 months ago and have generated about $200,000 in profit. Is it safe for us to purchase a large company veh… read more
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We have a small business and would like to purchase a new
we have a small business and would like to purchase a new SUV gross vehicle weight over 6000 lbs. we would use it 90% for business. If we buy the vehicle in December 2015 vs. January 2016, would the d… read more
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I bought a car in 2011 and I wrote it off as a business expense,
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I have an S corp, its a computer consulting /staffing business.
I have an S corp, its a computer consulting /staffing business. I am wondering if I can buy a comapny vehicle and write it off for 2012 tax year. I really do need a good vehicle to go and meet clients… read more
Phillip B, EA
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I own my own goods transport business. My current truck is
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I am a small business owner(medical practice). I am interested
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CGCPA
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I am a 50% partner in an LLC which is my primary income source.
I am a 50% partner in an LLC which is my primary income source. I am considering buying a new car. The car will be used for business for more than 50% - AND I am considering SUV that weighs more than … read more
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Would a 2005 Subaru Wagon qualify as a vehicle used for business
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I own a landscaping business. I bought atruck for $43,460 in
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I currently own a small business and make around 1,200 per ...
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The owner of the company wants to buy a new car. I was told I could expense $17,000 of the cost. Then someone else said the threshold was $15,000, someone else said $20,000. Which is it? What I''m pla… read more
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If you are s corp what is the best way to purchase a company auto for the best tax break buy vs lease. buy the auto under the corp name or buy personal and let the company pay owner back for auto expe… read more
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