Deducting car lease payments and expenses from a tax return can be done if the owner keeps records of all the expenses occurred by owning the vehicle, including mileage and gas expenses. Understand all the important details of what can and can not be claimed as deductions on a tax return in relation to vehicle expenses with tips from an experienced tax professional in this free video on tax deductions.
Expert: Kristen Brand
Contact: www.accell-us.com
Bio: Kristen Brand has over eight years of accounting experience. She is a CPA in Florida and is a practitioner in Florida's Certified Audit Program for sales and use tax.
Filmmaker: Christopher Rokosz
The vehicle would be considered a business asset if used solely for business
lilmissmartin23 1 year ago
what happens if u use ur car for 100% bussiness ? does that get deducted
godking25 3 years ago