leasing a car for business
#1
leasing a car for business
If I lease a car for thorugh my busines, I was thinking of a E55 AMG, how much can I write off as business expense? IS there a max I can deduct? If you can write off lease expenses of a car, why can't one go buy a S55 AMG, lease it, and totally tax deduct it?
#2
Banned
My dads an accountant. Send him an email or call his office. Just say I told you too. He wouldnt charge anyway.
www.taxhelp1040.com
#3
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Mercedes
unless your business is in an auto related field i don't think you can deduct an s55. the only deduction you would be able to take would be the $.445 per mile.