by Brian Hare, CPA, CGMA | Mar 4, 2023 | Blog, Business, Tax
If you’re buying or replacing a vehicle that you’ll use in your business, be aware that a heavy SUV may provide a more generous tax break this year than you’d get from a smaller vehicle. The reason has to do with how smaller business cars are depreciated for tax...
by Brian Hare, CPA, CGMA | Mar 30, 2021 | Tax
Are you considering buying or replacing a vehicle that you’ll use in your business? If you choose a heavy (SUV), you may be able to benefit from lucrative tax rules for those business vehicles. Bonus depreciation Under current law, 100% first-year bonus depreciation...
