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Summary: Only certain jobs are eligible to deduct gas mileage on taxes, but contacting the Internal Revenue Code can offer more information into the question. Find out what types of jobs can deduct gas mileage with help from a Supreme Court-certified civil mediator in this free video on employment law.
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www.ehow.com/video_5103534_can-deduct-gas-mileage-taxes...
www.ehow.com/video_5103534_can-deduct-gas-mileage-taxes_.html
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Questions: Taxes, Deductions, Auto ... If I deduct my actual vehicle expenses instead of the standard mileage allowance, what expenses can I include?; ... Can I deduct the cost of my auto insurance premiums from my income taxes?;
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moneycentral.msn.com/quickref/quickref.asp?Cat=10&SelCa...
moneycentral.msn.com/quickref/quickref.asp?Cat=10&SelCat=8&RefType=0&Topic=2&Sub=1
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Articles To Help Your Business; ... Article by Ron Mueller; ... Thinking About Buying a Heavy Vehicle Like an SUV?;
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www.bookkeeperlist.com/RMueller7.shtml
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Deducting the entire cost in one year considerably reduces that year's taxable income, and income taxes. In some cases, ... "When a loophole gives an accountant an incentive to deduct the cost of his luxury SUV, it makes the argument of how ridiculous'' it is, says Jonathan Collegio of Americans for Tax Reform.
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www.kennedycpa.net/suv1.html
www.kennedycpa.net/suv1.html
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Under the current law, buyers can deduct the SUV's full cost on their income taxes in the first year. That lowers their tax bill by about $23,000, depending on the tax bracket, which equals a 33 percent discount on the vehicle.
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www.selfemployedweb.com/suv-tax-loophole-changes.htm
www.selfemployedweb.com/suv-tax-loophole-changes.htm
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I want to purchase an SUV - which would weigh over 6,000 lbs - for both personal and business use. Can I take the accelerated depreciation? ... Once you calculate your business usage, you can deduct $25,000 from that number, then apply the rest towards accelerated depreciation.
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money.cnn.com/rssclick/2008/03/10/smbusiness/deduct_SUV...
money.cnn.com/rssclick/2008/03/10/smbusiness/deduct_SUV.fsb/index.htm?section=money_latest
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If I buy an SUV under the name of the business, will I be required to report the value of any personal use of that vehicle as additional income on my W-2? If so, would that "additional income" be subject ... ; You are here: Experts > Business > Corporate Law > Tax Law (Questions About Taxes) > Section 179 SUV deduction;
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en.allexperts.com/q/Tax-Law-Questions-932/2008/1/Sectio...
en.allexperts.com/q/Tax-Law-Questions-932/2008/1/Section-179-SUV-deduction-3.htm
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The Capital Region's Alternative Newsweekly. ... “When you deduct the SUV break from your taxes,” said Ashdown, “. . . you don’t actually have to say that it’s for an SUV. They don’t keep track of it on a federal level. What he’s [Gov. Pataki] proposing to do, you can’t implement.
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www.metroland.net/back_issues/vol_26_no05/fyi.html
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Can I deduct the cost of my auto insurance premiums from my income taxes?; ... However, if you buy a sport utility vehicle (SUV) or one of certain other vehicles placed in service after October 22, 2004, your Section 179 deduction is limited to $25,000. This limit may expire entirely in 2009.
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moneycentral.msn.com/quickref/quickref.asp?Cat=10&SelCa...
moneycentral.msn.com/quickref/quickref.asp?Cat=10&SelCat=8&RefType=0&QAMode=2&Topic=2&Sub=1
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