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Report Payments of $10 or More in This Box *see Note Tax Ok Form

Report Payments of $10 or More in This Box *see Note Tax Ok Form

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what if I told you the ability to write off your car in 2023 using the vehicle tax deduction is the best it's been in over a decade because now you can expense your automobile your SUV your truck your van and so on faster and with even bigger deductions amazing right well there have been some major changes to tax law regarding the vehicle tax deduction that we need to talk about such as bonus depreciation decreasing in 2023 from 100 to 80 percent and increases to the standard mileage rate so this is my updated video on how to write off a vehicle in 2023 tax free okay I'm going to cover two methods for writing off a vehicle critical 2023 tax changes taking effect this year and how owning a business vehicle can overall help you reduce your tax liability hey there I'm Sean with life accounting and taxes the accounting company that helps you save on taxes and build more wealth all right let's go ahead and dive in with number one the two methods for writing o

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